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On June 2, 2025,
Motor Company's stock price experienced a decline of 3.85%, with a trading volume of 16.94 billion, ranking 27th in the day's market activity.Ford has initiated a recall for nearly 30,000 F-150 Lightning electric pickup trucks due to a faulty suspension component. The issue involves a front upper control arm that could potentially come loose, leading to a loss of steering control and increasing the risk of accidents. The recall affects 2024 and 2025 model years of the electric pickup truck. Ford has notified owners by mail, advising them to bring their vehicles to a dealer for inspection. Technicians will either replace the nut if the trucks pass inspection or replace the nut and the steering knuckle if the trucks fail inspection.
This recall is the latest in a series of issues faced by Ford's electric vehicle lineup, which has seen several recalls in recent years. The company has been working to address these problems and improve the reliability of its electric vehicles. The recall is expected to have a significant impact on Ford's stock price, as investors closely monitor the company's ability to manage these challenges and maintain customer trust.
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