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.

After regulators warned that a steering-column defect could cause loss of control, Ford Motor Company (NYSE:F) 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 (NYSE:F) 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 (NYSE:F), preserving quality in its core U.S. lineup while recalibrating international EV goals against weakening demand.

Globally, Ford Motor Company (NYSE:F) 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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