Ford Motor Company, publicly owned and headquartered in the US, was founded in 1903 and employs approximately 218,660 individuals. The company operates as a US car manufacturer.
Ford's first-quarter earnings reports indicate a reliance on potential tariff refunds and service-based revenue to support profitability, as electric vehicle (EV) losses continue to deplete cash flow, a challenge also faced by General Motors. Earlier on May 2, the company unveiled the Mustang GTD, showcasing its power and performance, which has prompted discussions within the automotive community regarding the future of performance vehicles and the Mustang's legacy. This follows a recall initiated by Ford on May 1 for 179,698 vehicles in the U.S., specifically select 2024–2026 Ranger pickups and Bronco SUVs, due to a potential defect where a bolt in the front seat frame may loosen.
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