Ford's Trading Volume Surges 64% to $1.407 Billion Ranking 37th in Market Activity Amid NHTSA Investigation

Generado por agente de IAAinvest Market Brief
miércoles, 26 de marzo de 2025, 7:49 pm ET1 min de lectura

On March 26, 2025, Ford's trading volume reached $1.407 billion, marking a 64.11% increase from the previous day and ranking 37th in the day's stock market activity. Ford's stock price rose by 0.10%, marking the third consecutive day of gains, with a total increase of 3.00% over the past three days.

Ford is currently under investigation by the National Highway Traffic Safety Administration (NHTSA) for a transmission issue affecting up to 1.3 million F-150 trucks from model years 2015 to 2017. The probe was initiated after the agency received over 135 complaints from vehicle owners about the trucks unexpectedly downshifting gears, causing rapid deceleration and, in some cases, temporary rear wheel lock-up. This issue has raised concerns about potential loss of vehicle control, increasing the risk of crashes and injuries.

Despite the investigation, no crashes, injuries, or deaths have been reported in connection with this issue. FordFORD-- has a history of quality issues and recalls, with the company spending over $800 million on warranty costs in 2024 alone. The automaker has faced criticism for its slow response to recalls and has been fined $165 million for delays in resolving a 2020 recall involving over 700,000 vehicles. Ford's CEO, Jim Farley, has been working to improve the company's quality control since taking the role in late 2020, but the recent investigation and recalls suggest that there is still work to be done.

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