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19.04.26 - 09:12
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Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts (The Guardian)
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Filings suggest manufacturers' lending arms have massively underestimated bill from FCA's £9.1bn redress schemeCarmakers are under pressure to drum up £3bn to cover payouts for motor finance scandal victims after failing to adequately prepare for a UK-wide compensation scheme that is due to begin this summer.Company filings show the lending arms of big vehicle manufacturers including Ford, BMW, Stellantis and Volkswagen may have massively underestimated the final costs of the financial regulator's £9.1bn redress scheme. Continue reading......
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17.04.26 - 16:42
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Ford’s Staggering 19.5 Million Vehicle Recalls (24/7 Wall St.)
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Ford (NYSE: F) CEO Jim Farley has been on a press binge, talking, alternatively, about China's car joint ventures and the importance of the US government keeping China's EVs out of America. Left out of the conversation is that Ford recalled 19.5 vehicles from April 2025 to March 2026. That is more than all other ... Ford's Staggering 19.5 Million Vehicle Recalls...
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17.04.26 - 15:15
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Ford to Recall About 1.4M Pickup Trucks in US Over Gear Shift Issue (AAStocks)
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The US National Highway Traffic Safety Administration said on Friday that, following an investigation into reports of unintended downshifting, Ford Motor (F.US) will recall about 1.4 million F-150 pickup trucks in the US.The authority stated that Ford is aware of two potentially related injury incidents and one accident. Dealers......
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16.04.26 - 21:15
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Ford to Strengthen Overseas Cooperation with Chinese Automakers (AAStocks)
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Ford Motor (F.US) plans to expand its overseas partnership with Chinese manufacturers.Chief Executive Officer Jim Farley stated that outside the United States, Ford will broaden its cooperation with Chinese companies, expressing hope to expand its business footprint.(to/s)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis art......
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