Ford Motor Company (F) Recalls 115,539 U.S. Vehicles from Model Years 2020–2021; Reduces Up to 1,000 Jobs at Its Electric Vehicle Plant in Cologne

Ford Motor Company (NYSE:F) secures a spot on our list of the 20 NYSE Stocks with the Lowest P/E Ratios.

Ford Motor Company (F) Recalls 115,539 U.S. Vehicles from Model Years 2020–2021; Reduces Up to 1,000 Jobs at Its Electric Vehicle Plant in Cologne

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After regulators warned that a steering-column defect could cause loss of control, Ford Motor Company announced on September 24, 2025, that it was recalling 115,539 U.S. vehicles from model years 2020–2021, including its F-250, F-350, and F-450 trucks. Dealers will inspect and replace the part at no cost.

The recall comes days after Ford Motor Company announced on September 16 that it would reduce up to 1,000 jobs at its electric vehicle plant in Cologne, Germany, as it transitions to single-shift operations starting in January 2026 due to lower-than-expected demand for EVs in Europe.

As the overall U.S. auto industry continues to report better-than-expected sales going into the fourth quarter, the combined moves underscore the twin challenges facing Ford Motor Company, preserving quality in its core U.S. lineup while recalibrating international EV goals against weakening demand.

Globally, Ford Motor Company manufactures, distributes, and maintains Lincoln premium automobiles, commercial vans, sport utility vehicles, and Ford trucks. It is one of the Stocks with Low PE Ratio.

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