Ford Recalls 1.5 Million US Vehicles Over Rear-View Camera Defect

Ford Motor Company has announced a recall of approximately 1.5 million vehicles in the U.S. due to defective rear-view cameras that may display distorted, inverted, or blank images, increasing the risk of collisions. The affected models span from 2015 to 2019 and include a wide range of Ford and Lincoln vehicles such as the Mustang, F-series trucks, Navigator, and Expedition. The recall follows a record-setting year for Ford with over 100 recalls affecting more than seven million vehicles, including recent recalls for fuel injector issues and gear shifting problems in F-150 pickups. The defect repair will be conducted free of charge through inspections and camera replacements at Ford dealerships. Despite the recall, Wall Street analysts maintain a "Hold" rating on Ford stock, with an average price target suggesting limited upside potential. Ford's CEO has acknowledged challenges from competitive Chinese electric vehicles and the company's risky plans to improve its EV lineup amidst these ongoing issues.