Ford can’t stop recalling its cars

The recall is the latest misstep for Ford.

Although Ford earned $1.8 billion in net income during the second fiscal quarter, the company acknowledged in a July earnings press release that its warranty reserve increase impacted its profits. The company racked up $2.3 billion in warranty and recall costs during the second quarter alone, according to The Associated Press.

Ford began recalling vehicles at the beginning of the year, including more than 2 million Explorer SUVs in January because of trim-retention clips.

In June, Ford recalled over half a million 2014 Model F-150 pickup trucks because of sudden gear shifts. The company then issued another recall for 2024 Ford Mustang over concerns that the steering wheel could turn unintentionally.

This month, Ford recalled almost 5,000 2024 Mustang vehicles over concerns the rear suspension knuckles could fail. Then, Ford issued a “Do Not Drive” warning for over 374,000 vehicles “equipped with recalled, unrepaired Takata airbags.”

Ford Chief Operating Officer Kumar Galhotra said in a February press release that the company has taken steps to improve its quality and, in turn, its profits.

“We’re seeing green shoots of quality improvement, including in our new-product launches — with several important ones coming up this year,” Galhotra said. “Across our global industrial system we’ve identified and will land $2 billion in cost reductions, in areas like material, freight and manufacturing — and we’re just getting started.”