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Ford's Recall Count Climbs To 134 In 2025 — CEO Jim Farley Sees It As Biggest 'Near-Term Opportunity' - Ford Motor (NYSE:F)
Benzinga· 2025-11-02 13:31
Core Insights - Ford Motor Co. has faced significant challenges this year, primarily due to multiple recalls that have raised concerns about the company's quality control [1][2] Recalls and Quality Control - Ford has issued a total of 134 recalls in 2023, with two months remaining in the year [2] - Recent recalls include issues with automatic transmissions in over 34,481 vehicles and door trims in 64,938 Ford Flex vehicles [4][5] - CEO Jim Farley views the quality issues as the company's "largest near-term opportunity," emphasizing the need for improvement to reduce costs associated with warranties and recalls [3] Operational Challenges - The company is experiencing technician shortages, with 6,000 empty bays at dealerships and an average waiting time of two weeks for service [6] - Ford is also facing aluminum supply challenges due to a fire at its key supplier Novelis' factory, impacting its supply chain [7] Market Opportunities - The F-150 truck has received approval from Japanese Prime Minister Sanae Takaichi for potential import to Japan, which could enhance relations with the Trump administration [8] Financial Metrics - Ford shows good momentum and value, scoring satisfactorily on growth and quality metrics, with a favorable price trend in the short, medium, and long term [9]
BMW recalls 331,000 cars after finding another dangerous flaw
Invezz· 2025-09-26 16:24
Core Insights - A new and dangerous flaw has emerged, prompting BMW AG to recall at least 331,000 vehicles, indicating ongoing challenges in quality control [1] Group 1 - The recall is part of a broader issue of deepening quality control problems faced by BMW AG [1] - The scale of the recall highlights the significant impact of the flaw on the company's operations and reputation [1] - This incident adds to the financial burden on BMW AG, which is already grappling with previous quality control issues [1]