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STLA to Issue Recall of More Than 123K Vehicles to Fix Trim Pieces
ZACKS· 2025-09-29 13:35
Key Takeaways Stellantis is recalling 123,396 Jeep Wagoneer and Grand Wagoneer vehicles to fix window trim issues.H1 2025 revenues fell 13% to EUR74.3B, with a EUR2.3B net loss against a EUR5.6B profit a year earlier.New CEO Antonio Filosa will present a turnaround plan in early 2026 after Carlos Tavares' exit.Stellantis N.V. (STLA) , the maker of Jeep, Chrysler, Fiat and Peugeot, is recalling 123,396 vehicles in the United States to fix trim pieces on the driver and passenger windows. The detached trim pie ...
Is Ford Losing the Reliability Race After Over 100 Recalls This Year?
ZACKS· 2025-09-10 13:21
Core Insights - Ford is recalling over 1.45 million vehicles due to faulty rearview cameras that may display blank or distorted images when reversing [1][10] - The recall affects 51 models, including popular vehicles like the Ford Mustang, F-250, F-350, Transit vans, and Lincoln models [2] - This year, Ford has issued more than 100 recalls, the highest among automakers, leading to significant warranty and recall expenses [3][4] Financial Impact - Ford's warranty costs have increased by 22% year-over-year in 2024, reaching $6 billion, largely due to repair campaigns [4] - In the last reported quarter, Ford incurred charges of $570 million related to a major recall for faulty fuel injectors in certain models [5] - The company is forecasting a loss of over $5 billion in its electric vehicle segment this year, exacerbated by unexpected recall costs [7][10] Reputation and Market Position - The frequency of recalls has raised concerns about Ford's quality control, potentially affecting consumer trust and purchasing decisions [6][11] - Ford's stock has gained around 10% over the past year, underperforming compared to competitors like Toyota, which is up 15% [12] - Ford trades at a forward price-to-sales ratio of 0.28, significantly lower than the industry average, indicating potential undervaluation [13]