Ford Battles Rearview Camera Defect Once More in Massive Recall

Ford Motor Company (NYSE:F) witnessed a drop after management announced recalling around 1.1 million vehicles in the United States. The software issue identified could prevent rearview camera images from displaying, raising the risk of crashing.

Ford Battles Rearview Camera Defect Once More in Massive Recall

The move followed a minor accident linked to the concern, as the National Highway Traffic Safety Administration (NHTSA) reported the rearview camera result could delay, freeze, or even fail to display.

This isn’t the first time Ford Motor Company (NYSE:F) has struggled with this issue, it has been lingering for quite some time now. In November, the company paid $165 million in civic penalties following an investigation by NHTSA that was launched in August 2021 and expanded in 2022 and then again in March 2023, with the management recalling over 600,000 vehicles.

A single instance of this nature can be overlooked, but when issues start to resurface time and again, they raise questions about the systematic processes. With technical malfunctions on the rise, analysts aren’t very optimistic about the stock rebound. While the giant heavily invests in EVs, the competition surrounding the market can’t be ignored.

While we acknowledge the potential of Ford Motor Company (NYSE:F) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than F and that has 100x upside potential, check out our report about the cheapest AI stock.

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