2 Legacy Auto Giants Behind Most Vehicle Recalls So Far This Year — Tesla Outside Top 10
Portfolio Pulse from Anan Ashraf
Ford Motor Co (F) and Stellantis NV (STLA) have issued the most vehicle recalls in 2023, with Ford leading with 31 recalls affecting over 4.1 million vehicles and Stellantis following with 26 recalls impacting 1.7 million vehicles. Tesla Inc (TSLA) has issued 10 recalls in 2023, impacting approximately 380,000 vehicles.
July 25, 2023 | 8:50 am
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NEGATIVE IMPACT
Ford has issued the most vehicle recalls in 2023, affecting over 4.1 million vehicles.
The high number of recalls could negatively impact Ford's reputation and financials in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Stellantis has issued 26 recalls in 2023, impacting 1.7 million vehicles.
The significant number of recalls could negatively impact Stellantis' reputation and financials in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Tesla has issued 10 recalls in 2023, impacting approximately 380,000 vehicles.
The recalls could negatively impact Tesla's reputation and financials in the short term, although the impact may be less significant given the lower number of recalls compared to Ford and Stellantis.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100