Ford Motor Co. has announced multiple recalls totaling over 1.6 million vehicles due to quality concerns, affecting numerous models. The first recall addresses rearview mirror software defects, while the second involves airbag indicator issues and potential exterior parts falling off. These recalls represent a significant portion of Ford's total sales and reflect ongoing quality problems despite previous commitments to improve. The company faces mounting warranty costs impacting its earnings, while its electric vehicle segment struggles, indicating a troubling trend for Ford's future in both sales and market trust.
Ford's recalls over 1.6 million vehicles highlight persistent quality issues, emphasizing their significant impact on both customer trust and company finances.
Despite skyrocketing recalls, Ford's sales in May increased by 16.3%, although electric vehicle sales dropped sharply by 25%.
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