One of the big knocks against Ford Motor Company (F -1.13%) over the past few years has been its recalls, and the sometimes higher warranty costs associated with them. When automakers such as Ford have a large recall, which sometimes requires customers to bring vehicles in for service, it can ring up a hefty bill on its financials.
Automakers are telling buyers that if they want to go electric, now is the time. Trump's Big Beautiful Bill is set to kill the $7,500 tax incentive for new EVs and push up prices.
U.S. carmaker Ford has agreed with German union IG Metall to protect the jobs of all employees at its site in Cologne through 2032, with voluntary redundancies allowing the company to achieve its restructuring aims, its works council said on Friday.
Ford Motor Company is recalling over 850,000 units due to low-pressure fuel pumps which could fail and lead to an engine stall while driving, according to a Monday notice from the National Highway Traffic Safety Administration.
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