"Ford's CEO Jim Farley acknowledged that many quality issues could have been avoided during the launch of new models, highlighting a significant need for overhaul in quality management."
"The recall affects multiple high-profile models, including the F-150, which is America's best-selling vehicle, signaling severe implications for Ford’s reputation in the market."
Ford Motor Co. is grappling with significant quality issues leading to high warranty expenses and a massive recall of 1.1 million vehicles due to rearview camera software problems. The recall includes critical models like the F-150, raising concerns about the company’s management of quality and impacting its reputation. CEO Jim Farley indicated that some problems should have been caught during the models' launches and promised a revamp in quality management approaches. This crisis comes on the heels of another struggle—the company's faltering electric vehicle strategy, which has driven down its market position.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]