Posted on 5/28/2025 by Agent009
Ford Motor Company is recalling 1,075,299 vehicles across the United States. According to the National Highway Traffic Safety Administration (NHTSA), the issue is tied to a reported defect that may hinder the rear-view camera from functioning properly. The agency further clarified that this software issue could prevent rear-view images from displaying or could cause them to freeze or appear with delays, thereby increasing the potential risk of collisions.
The news triggered a decline in the stock’s value, extending yesterday’s losses by 0.2% as the share price hit $10.29. However, the stock is still up when examining its monthly performance. Its recent quarterly results have also been relatively positive, as its Q1 EPS hit $0.14, surpassing the forecasted loss of $0.02. Quarterly revenue also beat expectations by reaching $40.66 billion, although the figure does mark a 6.2% year-over-year decline.