Ford Stock Dips After Recall of 1.5M Vehicles Over Faulty Cameras
Ford Motor Company shares edged lower Tuesday after the automaker announced a recall affecting nearly 1.5 million U.S. vehicles with defective rear-view cameras. The safety action covers multiple models from 2015-2019, including F-Series trucks, Mustangs, and Lincoln Navigators.
This marks Ford's second major recall in recent weeks, following a separate 355,000-vehicle action. The National Highway Traffic Safety Administration confirmed affected vehicles will receive free camera replacements. Dutch automaker Stellantis faces similar camera-related recalls.
Investor reaction was immediate but measured, with Ford stock slipping 0.09% in early trading. The recall compounds existing pressures on legacy automakers as they navigate the transition to electric vehicles and advanced driver-assistance systems.