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Tuesday, June 23, 2026

Ford keeps having to repair customers’ new cars and trucks. Its profit is plunging and its stock tumbled

New York CNN — Shares of Ford fell more than 11% in after-hours trading Wednesday after the automaker reported much weaker than expected earnings. The company said it was compelled to set aside more money to cover the cost of repairing customers’ vehicles. The company (F) did not break out how much …

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