Ford (F) Fumbles Once Again and Continues To Disappoint Investors

Core Viewpoint - Ford continues to face significant challenges with vehicle recalls, raising concerns among investors about the company's quality control and leadership, despite remaining profitable alongside General Motors [1][2]. Group 1: Recalls and Quality Issues - Ford recently announced a recall of over 83,000 vehicles, contributing to a total of over 2 million recalls this year, which includes models from the previous year [1]. - Critics argue that the scale of recalls indicates deeper quality issues within the company, contradicting management's claims that these recalls pertain to older models [1][2]. - The company had over 100 recalls last year, and the ongoing recall issues are seen as a persistent problem that affects Ford's reputation [1][2]. Group 2: Financial Performance and EV Investments - Despite the recall challenges, both Ford and General Motors remain profitable, although investments in electric vehicles (EVs) have significantly reduced potential earnings [1]. - Analysts suggest that if Ford had maintained its focus on gasoline-powered vehicles, its profits over the past five years would have been substantially higher [2]. - The financial implications of the EV charge-offs have been described as staggering, indicating a significant impact on the company's overall financial health [2].