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A Truth Social post landed at the open and immediately sent Detroit's Big Three into a tailspin, but the selloff is hitting Ford and Stellantis twice as hard as General Motors and nobody can fully explain why.
Ford Motor is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said. The recall covers 741,195 vehicles, the National Highway Traffic Safety Administration said. Dealers will update vehicle software and inspect and replace any damaged transmission components free of charge, the NHTSA said.
A third of auto production in this country has disappeared since the pandemic and challenges and competition mount daily. Can the industry survive?
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