GM (NYSE: GM) sold 46,280 EVs in the second quarter, which was up 111% compared to the same quarter a year ago, according to Battery Technology.
F recalls nearly 858,000 SUVs globally over fire risk, facing $570M in costs and a record NHTSA penalty.
Shares of Ford Motor Company ( NYSE: F ) gained 8.25% over the past month, reigniting a rally that's seen the legacy automaker's stock gain nearly 30% since April 8.
Like a Greek chorus, Ford Motor Co. (NYSE: F) management says it will improve its quality problems.
Ford is setting records in 2025, but not in a good way. The automaker has already blown by the previous record for having the most safety recalls in a calendar year, and now another major round of recalls is calling the brand's reliability into question.
Ford Motor Company (NYSE:F) shares pulled back almost 3% after the automaker announced it is recalling approximately 694,000 vehicles in the United States due to fuel injector issues that may cause fuel leaks and increase the risk of engine fires. This recall primarily affects certain 2021 to 2024 Bronco Sport and 2020 to 2022 Escape models equipped with 1.5-liter engines.
A fuel injector in the impacted vehicles may crack and leak fuel inside the engine compartment, the National Highway Traffic Safety Administration said.
Ford's stock turned lower after the carmaker said it would cost nearly $600,000 to fix fuel injectors on up to nearly 700,000 SUVs.
The latest trading day saw Ford Motor Company (F) settling at $11.57, representing a -2.61% change from its previous close.
With Q2 earnings on deck, Ford's hybrid surge, solid stock gains and dividend strength give it an edge over GM.
Ford Motor (NYSE:F) is under ongoing scrutiny in 2025 regarding its vehicle quality and safety standards, leading the U.S. auto industry in safety recalls by a significant margin. In the first half of the year, Ford has issued 88 recalls — over four times the number of the next manufacturer, as per federal data.
It's been a while since investors have been able to buy off the discount rack, but the sudden reversal in U.S. markets over the last quarter has left analysts scrambling to update their earnings projections and year-end index targets. While the usual tech sector suspects have led the rally, the S&P 500 and the NASDAQ Composite have both made new all-time highs this month, and surges in speculative assets like Bitcoin indicate that risk-takers are once again whetting their appetites.