Though Ford Motor Co. (F) has scaled back its ambitions in the electric vehicle sector, the company is still focusing on building a successful future in this competitive market. Recently, Ford participated in a road rally, showcasing how its electric vehicles can excel beyond environmental benefits.
Some rally participants voiced concerns about using the Mach-E in such conditions, particularly regarding its suspension. However, the updated Mach-E appears to have addressed these issues with enhancements like improved suspension, increased chassis height, better tires, and underbody protection. These upgrades position the Mach-E as a strong contender for dirt track performance.
Ford’s New Recall Announcement
In a more serious matter, Ford is dealing with a recall affecting much of its pickup truck lineup from the past two years. The recall impacts 24,950 trucks, specifically the 2023 and 2024 models of the F-250, F-350, and F-450, due to potential issues with the tailgate camera assembly. Water can enter the system, causing the image to fail. Fortunately, dealers can implement a straightforward repair, which entails replacing the camera, wiring harness, and certain sensors.
Additionally, Ford once published a magazine called The Ford Times. A copy was recently discovered by The Autopian. The complete collection of The Ford Times is now available on the Ford Heritage Vault, where interested readers can explore its contents.
Evaluating Ford Stock: Is It a Smart Investment?
On Wall Street, Ford stock is currently rated as a Moderate Buy, with analysts issuing six Buy ratings, nine Holds, and one Sell over the past three months. Following a 16.36% increase in its share price in the last year, the average target price for Ford’s stock stands at $12.04 per share, suggesting a potential upside of 7.55% from its current value.
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