Ford CEO Jim Farley reports progress in quality turnaround and recall reduction
UNVERIFIED·Primary source · CNBC
Ford CEO Jim Farley stated the company is turning a corner on quality issues after years of high recall numbers.
The company reduced warranty costs by $1.5 billion in 2025 and aims for further reductions in 2026.
Ford was recently named the top mass-market brand in J.D. Power's initial quality ranking.
Key Facts
01
01 — What / Thesis
Ford CEO Jim Farley reports progress in quality turnaround and recall reduction
02
02 — Who / Subject
Jim Farley, Ford Motor Company
03
03 — Where / Locus
United States
04
04 — When / Temporality
June 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.
