Ford Stock Surges to 38th Most Traded Amid Recall and Tariff Challenges

Generated by AI AgentAinvest Market Brief
Monday, Apr 7, 2025 7:47 pm ET1min read

On April 7, 2025,

(F) saw a significant increase in trading volume, with a total of $25.31 billion in shares traded, marking a 50.06% rise from the previous day. This surge placed among the top 38 most actively traded stocks for the day. However, despite the high trading volume, Ford's stock price declined by 3.55%.

Ford has recently updated its popular F-150 pickup truck, introducing a new grille and other features. However, the company has also announced a recall of nearly 113,000 F-150 pickups due to a rear axle problem that could potentially cause the axle to break.

In addition to the F-150 recall, Ford has also recalled 105,322 SUVs due to seat belts that may fail to retract or extend properly. This recall affects multiple SUV models and is part of Ford's ongoing efforts to address safety issues in its vehicles.

Ford has also been working with the Trump administration on tariffs, with an executive stating that the automaker is in a good position for US production. This is due in part to the fact that 80% of Ford's vehicles are assembled in the US, which could help mitigate the impact of tariffs on the company's operations.

Ford has also announced layoffs at its Sterling Axle Plant, with 150 employees being let go amid a UAW strike. This move comes as the UAW continues its strike against the Big Three automakers, which includes Ford, General Motors, and Stellantis.

In response to the recent tariffs, Ford has announced discounts on cars and trucks. The company stated that it would offer customers the same prices it offers its employees on most of its vehicles, in an effort to make its products more affordable amid the tariffs.

Comments



Add a public comment...
No comments

No comments yet