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Ford Safety Recalls and Leadership Changes Amid Slowing EV Revenue

Ford logoFord
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Tesla logoTesla
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Ford issued multiple vehicle safety recalls across various models, appointed a new chief auto safety officer, and formed a workforce training alliance. Ford’s EV division generated $1 billion in Q2 revenue, down 56% year over year, and second-quarter sales fell 4% to $48.3 billion versus the prior year.

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