Ford (F) Shares Rise Amid Management Changes to Improve Quality

Dec 19, 2024

Ford Motor Company (F, Financial) saw its stock increase by 2.16%, reaching $9.9. The company confirmed plans to appoint a new quality chief to address its high recall rates and reduce warranty costs. This internal announcement was made to some employees last week, with implementation expected early next year. A Ford spokesperson noted that these changes aim to enhance team collaboration and deliver exciting vehicles and software to customers while ensuring top-notch quality.

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