Ford down after recalling over 694,000 SUVs amid fuel leak probe
ReutersJul 16, 2025 1:43 PM
Shares of automaker Ford F.N down 1.8% at $11.36 in early trading
National Highway Traffic Safety Administration says F to recall 694,271 crossover SUVs in U.S. over a fuel leak issue that could increase risk of fire, following a year-long investigation
Co says it estimates aggregate cost of action to be ~$570 mln; to be reflected in Q2 2025 results
As of last close, stock up 18.8% YTD
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