2018-2022 Ford Safety Recall Hits 2.1M Units—CEO Warns of Billions in Liability Amid Investigation
A sweeping 2018-2022 Ford safety recall now expands to over 2.1 million vehicles, targeting faulty powertrain components linked to 1,000+ fire reports. CEO Jim Farley signals potential multi-billion-dollar exposure as NHTSA escalates probe. Immediate cash flow risk for dealers; supply chain strain expected on replacement parts. Investors advised to monitor Q3 earnings impact.