Let me ask you about tariffs and where you think things stand uh what you expect to happen uh to the tariffs from a legal perspective and how how you're confronting them yourself at this point. Well, we had a huge announcement. Um the Trump administration announced that they're looking at 232 tariffs for heavy duty trucks.This is a really big deal for our country and for Ford companies like Packar and Ford. We make all of our heavy duty trucks in America. We have a lot of competition from overseas and a 25% ...

Core Points - Ford Motor Co. has issued a recall for its F-250, F-350, and F-450 pickup trucks due to a defect that may lead to steering issues [1] - The recall affects over 115,539 units from the 2020-2021 model years, with the defect potentially causing the upper shaft of the steering column to detach, resulting in a loss of steering control [2] - Ford dealers will replace the steering column free of charge as a remedy for the issue [2] Additional Recalls - This recall is part of a series of recalls by Ford, which recently included over 197,000 units of the Mustang Mach-E due to issues that could trap rear seat occupants after front seat passengers exit [4] - Ford also recalled 1.4 million vehicles in the U.S. related to rear camera issues, affecting various models including the Lincoln MKC, Mustang, F-Series trucks, and others [5] - Additionally, 800,000 Ford and Lincoln vehicles were recalled for separate issues, including brake fluid leaks and defective taillights [5] - Recently, Ford recalled 101,944 2016-2019 Taurus sedans due to a potential issue with the B-Pillar that could cause door trim detachment while driving [6]

Group 1 - Ford is relocating its headquarters from the "Glass House" in Dearborn, Michigan, to a new site that will officially open in November, with the move expected to be completed by the first half of 2026 [1][2] - The new Ford World Headquarters will span 2.1 million square feet, making it twice the size of the current headquarters, and aims to consolidate engineering, design, and technology teams in one location [2][8] - The new campus will be named the Henry Ford II World Center, honoring the grandson of founder Henry Ford, and will accommodate 14,000 employees within a 15-minute walk [3] Group 2 - The new headquarters will include six design studios, a product review showroom, a 160,000-square-foot food hall, wellness and mother's rooms, and over 300 tech-enabled meeting rooms [6] - The site of the new headquarters was previously the Ford Product Development Center, which opened in 1953 and was notable for the first-ever use of closed-circuit TV during its dedication [6] - Iconic vehicles such as the Mustang, Thunderbird, and F-Series trucks were developed at the current Dearborn campus [7]

Group 1 - Ford is recalling nearly 1.5 million vehicles in the U.S. due to a rear view camera issue that may show a blank or distorted image, increasing the risk of a crash [2][3] - The recall affects specific models from 2015 to 2019, including Lincoln Navigator, Lincoln MKC, Mustang, Ranger, Transit, and several others [3] - The National Highway Traffic Safety Administration reported that Ford is aware of 18 accidents related to the camera issue, but no injuries have been reported [3] Group 2 - Vehicle owners will be notified by mail and instructed to take their vehicles to a Ford or Lincoln dealer for inspection and potential replacement of the rear view camera, with no charge for the service [4]

Ford Pro Business Performance - Ford Pro 是公司最大的优势，不仅仅是车辆，还包括软件和零部件业务[2] - Ford Pro 业务同比增长 20 亿美元，环比增长超过 30 亿美元[3] - Ford Pro 的利润率达到两位数，拥有近 80 万月度软件订阅用户[5] - Ford Pro 业务的利润中，非车辆业务占比接近 20%[6] Tariff Impact and Mitigation - 关税对增长的影响约为 30 亿美元，但公司能够抵消约三分之一[1] - 公司通过定价和供应商等方式来弥补关税带来的损失[1] - 美国汽车制造商面临着高达 50% 的钢铁和铝关税，以及高达 80% 的中国零部件关税[15] - 关税导致每辆车成本劣势约为 5000 美元至 1 万美元[17] EV and Hybrid Strategy - 公司将扩大混合动力产品线，尤其是在卡车混合动力方面[7] - 公司正在开发续航 100 英里的纯电动和总续航 700 英里的增程式电动汽车[8] - 公司将推出价格非常低廉的电动汽车，主要用于城市通勤和商业用途[9][10] - 公司新的经济型电池将在美国密歇根州的工厂生产[11] - 由于需求低于预期，公司已经调整了电动汽车的生产计划，专注于经济型和商用车型[12] Supply Chain - 电池供应链已经对市场变化做出了反应[12] - 公司正在寻求重新利用未使用的电池资产[12] Government Relations - 公司每天、每周、每月、每年都与政府部门进行对话，尤其是在关税政策方面[21] - 公司希望特朗普政府能够理解美国汽车制造商的困境，并在双边贸易协定中采取正确的措施[23][24] - 50% 的整车关税不足以支持在美国建立新工厂，需要 30%-40% 的关税才能实现[26]

Core Insights - Ford Motor Company has announced a recall of 850,318 vehicles due to issues with low-pressure fuel pumps that may lead to engine stalls [1][2][7] - This recall includes various models from 2021 to 2023, such as the Bronco, Explorer, F-series trucks, and Lincoln SUVs [2][7] - Ford estimates that only 10% of the recalled vehicles may have faulty pumps, but all units are being recalled to identify the affected ones [3] - The company will notify owners of the affected models about the defects and potential solutions [3][7] - Ford's total recalls for the year have reached 89, with over 5 million vehicles affected in 2025, marking the second-largest recall this year [4] Financial Performance - Ford's shares have declined by 8.5% over the past year, compared to a 7.1% decline in the industry [4] - The company currently holds a Zacks Rank of 3 (Hold) [6] - Other better-ranked stocks in the auto sector include Ferrari N.V., Luminar Technologies, and Westport Fuel Systems, all carrying a Zacks Rank of 2 (Buy) [6]

Ford Recalls Over 850,000 Vehicles—Including F-150s, Expeditions And Mustangs—Over Possible Fuel Pump Failure https://t.co/9GNrCcTck9 ...

Ford Recalls Over 850,000 Vehicles—Including F-150s, Expeditions And Mustangs—Over Possible Fuel Pump Failurehttps://t.co/pW9VsstObL https://t.co/IlwlqP9CRW ...

Core Points - Ford Motor is recalling over 850,000 vehicles in the US due to a fuel pump failure that may lead to engine stalling and increased crash risk [1] - The recall affects specific models from 2021 to 2023, including Bronco, Explorer, Lincoln Aviator, and F-series trucks [1] - An estimated 10% of the recalled vehicles are believed to have the defect, with at least six consumer complaints reported [3] Group 1 - The fuel pump defect can hinder fuel delivery to the engine, potentially causing stalls while driving [2] - The company has not reported any accidents or injuries related to the fuel pump failure [3] - Notifications to vehicle owners regarding the safety risk are expected to be mailed on July 14, with follow-up letters once a remedy is available [3] Group 2 - Drivers may experience symptoms such as a check engine light, reduced engine power, or poor performance prior to the fuel pump failure [4] - The defect is more likely to occur in warm weather conditions or when fuel levels are low [4]

Core Insights - Ford is experiencing an alarming increase in recalls in 2025, with 81 recalls in the first five months, surpassing the total of 67 recalls in all of 2024, affecting over 4 million vehicles [1][9] - The recalls indicate significant quality control issues, with 80 requiring physical inspections or repairs, suggesting deeper design flaws [1][9] - The company faces substantial financial implications from these recalls, with over $5 billion in losses anticipated from its EV division and additional warranty and recall-related expenses [6][10] Recall Details - A recent recall involved over 200,000 vehicles due to rearview camera failures, affecting models like Explorer, Maverick, Mustang, F-150, and Transit Connect from 2018 to 2024 [2][9] - Other recalls include five units of the 2025 F-150 Lightning for brake fluid leaks and 130,000 Lincoln Aviator SUVs for potential detachment of parts while driving [3] - Ford's recall issues are significantly more severe compared to competitors like General Motors and Nissan, which have faced fewer and less impactful recalls [4][5] Financial Impact - Recalls are costly, impacting margins due to repair logistics, parts replacement, labor costs, and dealership reimbursements [6] - The ongoing quality perception issues could lead to a loss of market share and consumer trust, further straining Ford's financials [7][10] - Ford's stock has underperformed, losing around 10% over the past year, with a forward price-to-sales ratio of 0.29, indicating a lower valuation compared to the industry [13][14]