Ford Stock Dives After Dual Recalls as GM F1 Rivalry Heats Up
Ford faced two recalls totaling 615,964 vehicles (604,533 for windshield-wiper motor across 2020–2022 Explorers, Escapes, Aviators and Corsairs; 11,431 for a driveshaft friction weld issue) that spooked investors, sending Ford (F) shares down more than 4% in Thursday trading. The recalls come amid renewed Ford–GM competition, including in Formula 1 marketing, while analysts maintain a Hold rating with an average target of $14.02 (about 13.8% upside), based on a mix of 3 Buys, 12 Holds and 1 Sell.
