Ford’s safety recall total hits triple digits, blowing past previous full-year records

🛻102

Ford continues to add to its record year of safety recalls and has now issued 102 in 2025, according to federal data. The previous highest full-year total by any automaker was GM in 2014, which issued 77.

Ford’s total is nearly 5x the second-highest automaker on the list, RV company Forest River. The sum is more than the combined 2025 recall totals of rivals Chrysler, VW, GM, Mercedes-Benz, Honda, and BMW — all of which crack the top 12.

Recall costs are piling up for Ford, which also is expecting a $1.5 billion tariff hit this year. In its second-quarter earnings report, Ford said it’s made $2.8 billion in payments for warranty and field service actions in the first half of the year, or about $15.5 million per day.

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Archer Aviation strikes deal to supply electric propulsion system to Anduril, bolstering its path to revenue

Archer Aviation announced its new agreement with Anduril after the market closed on Monday.

US CEO departures are at their highest level in decades

Walmart’s Doug McMillon is the latest to step down, as CEO turnover rises across Corporate America.

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Ford partners with Amazon to sell its used vehicles online

Beginning today, many Amazon shoppers can add a pre-owned Ford to cart.

The partnership, announced by the two companies on Monday, will begin in Los Angeles, Dallas, and Seattle, with plans to expand.

According to Ford, every vehicle sold through Amazon will have been “inspected, reconditioned, and comes with a Ford warranty, Ford Rewards points, and in some cases, a money-back guarantee.”

Shares of used car retailers Carvana and CarMax dipped in early trading on the news. Similar patterns occurred when Amazon Autos announced a partnership with Hyundai late last year, and another with rental giant Hertz in August.

You can now buy pre-owned Ford vehicles on Amazon

According to Ford, every vehicle sold through Amazon will have been “inspected, reconditioned, and comes with a Ford warranty, Ford Rewards points, and in some cases, a money-back guarantee.”

Claire Yubin Oh

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The cruise industry is booming thanks to younger consumers looking to “seacation”

Operators are still managing to lure Gen Z and millennials with shorter, cheaper, and more action-packed trips.

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Walmart falls after CEO of more than a decade steps down

Walmart’s stock fell as low as 3% this morning in premarket trading on news that its longtime CEO, Doug McMillon, who helped the company beef up its e-commerce segment against Amazon, will be stepping down.

While Walmart’s sales came in above expectations last quarter, it missed on quarterly earnings. It’s also facing an increasingly dominant Amazon, which is pushing further into Walmart’s territory with same-day grocery delivery in more than 1,000 cities and towns in the US, with plans to expand to 2,300 by the end of the year.

And unlike Walmart, Amazon, in addition to e-commerce and physical stores, has a number of other, much higher-income revenue streams — most notably its fast-growing cloud business, AWS. Earlier this year, Amazon nudged ahead of Walmart in overall revenue, and is expected to continue to build on that lead when Walmart reports Q3 earnings next week.

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