
Ford Stock Falls After $1.7 Billion Verdict in Fatal Rollover Case
Ford and GM recently introduced their first electric pickup trucks. WSJ auto reporter Mike Colias breaks down the different strategies the two legacy auto manufacturers are pursuing to bring their EVs to market. Ford Motor Co.’s shares slid roughly 5% Monday, following news of a $1.7 billion jury verdict involving a fatal rollover accident in one of its older-model heavy-duty trucks. A jury in Georgia on Friday reached the verdict after a three-week trial, determining punitive damages should be imposed on Ford F -5.04%▼ for selling 5.2 million Super Duty trucks that the plaintiffs’ lawyers argued had dangerously weak roofs vulnerable to collapsing in a rollover crash.
Crypto news and analysis