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A Ford dealer told the Free Press on Friday that shop repair workers are certified by the state of Michigan but that each manufacturer has its own requirements related to warranty repair and ...
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The U.S. government's auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles. The ...
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
When a person makes a claim for personal injury damages that have resulted from the presence of a defective automobile or component of an automobile, that person asserts a product liability claim. That claim may be against the automobile's manufacturer, the manufacturer of a component part or system, or both, as well as potentially being raised ...
In 2005 Firestone paid Ford $240 million to settle claims related to the recall. [63] Ford and Firestone worked to settle cases out of court to avoid punitive damages and were paying between $4 million and $8 million to settle cases involving fatalities and between $12 million to $16 million to settle cases of paralysis. [64]
Ford Motor Co. on Wednesday said net income in the second quarter fell 4% to $1.8 billion, a drop the company attributed to increased warranty expenses and the launch of new vehicles, and which ...
Ford Blue, the company's internal-combustion-engine unit, made $1.17 billion before taxes during the quarter, down $1.1 billion from a year earlier. Ford Pro, the commercial vehicle unit, made $2.56 billion, $173 million above 2023. Model e, the electric vehicle unit, lost $1.14 billion, $63 million worse than a year ago.