Ford Faces Regulatory Scrutiny Related to Previous Recalls
From Nasdaq: 2024-11-19 11:17:00
Ford is under scrutiny for inadequate recalls following a recent NHTSA fine. Investigations involve 113,000 Expeditions for seatbelt issues and 457,000 Bronco Sports/Mavericks for power loss. Ford must review past recalls and issue new ones if needed. They face a $165 million penalty for delayed recalls and inaccurate information.
Zacks Rank & Key Picks:
Ford has a Zacks Rank #5 (Strong Sell). Better-ranked auto stocks are Dorman Products, Tesla, and BYD with Zacks Rank #1 (Strong Buy). Estimates show growth potential for these companies in sales and earnings for 2024-2025. Experts recommend these top 7 stocks for early price pops with a history of outperforming the market. For detailed analysis and reports, visit Zacks.com.
Read more at Nasdaq: Ford Faces Regulatory Scrutiny Related to Previous Recalls