Faced with rising warranty costs and a string of recalls, Ford is making a significant shift under CEO Jim Farley.
The company is prioritizing stricter quality control measures throughout the production process, even if it means delaying new vehicle shipments.
This new focus comes after warranty expenses tripled in just four years, reaching a staggering $4.8 billion in 2023.
These costs, three times higher than the industry average, are largely attributed to safety recalls impacting millions of vehicles.
Buckle up for the 2024 Ford Maverick! Expect it to arrive at dealerships by year’s end, with details and orders officially opening in July.
Look for deliveries to start around September or October. Sharing its platform with the Bronco Sport, the Maverick is expected to maintain its current engine choices, potentially with some performance tweaks.
More excitingly, rumors suggest a hybrid option might be joining the lineup. Leaked photos hint at upgrades like a 360-degree camera system, a larger touchscreen display, and a possible off-road variant inspired by the adventurous Bronco Sport Badlands.