Ford Motor Stock News

TORONTO--(BUSINESS WIRE)--Doug Ford has once again put Ontario homecare patients last. His announcement on Friday of a hiring freeze for all crown agencies in Ontario will exacerbate the ongoing workload and staffing shortages being experienced in Ontario's healthcare system. The hiring freeze comes into effect on the 27th, with the government's press release stating they will be meeting with 1...

Ford (F -0.13%) has likely been on the radar of many investors lately as the company recently announced plans to launch an entirely new electric vehicle platform. Its aim is to boost profitability and carve out a niche in the EV industry.

New car sales are seeing a surprising boost heading into the fourth quarter. Consumers are worried about changing regulations on tariffs, electric vehicles and more, meaning many are rushing to buy vehicles now.

NHTSA says defect can cause steering shaft to detach.

Shares of Ford Motor Co. NYSE: F are now trading at 97% of their 52-week highs and carry enough momentum to increase the chances of it breaking into new highs well before 2025 is over.

More than 115,000 Ford trucks are being recalled as the steering column upper shaft can detach, potentially causing loss of steering control in certain F-series vehicles.

Ford is attempting to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings. The move includes offering consumers with subprime credit — those with a FICO score below 620 — lower interest rates offered to those with quality scores.

About 9.5 million. That's the number of vehicles recalled by Ford this year, according to NHTSA data.