Last year, Ford set a new industry record: It issued 152 safety recalls, almost twice the previous high set by General Motors back in 2014. More than 24 million vehicles were recalled in the US last year, and more than half—13 million—were either Fords or Lincolns. By contrast, Tesla issued 11 recalls, affecting just 745,000 vehicles.
Target said that it expects net sales for the year to increase by 2%, which would mean it expects sales to reach $106.88 billion. That’s a bit above analysts’ expectations of $106.7 billion. Target also anticipates earnings per share to be in the range of $7.50 to $8.50. Analysts are expecting $7.30 per share for the year, according to analysts polled by FactSet.
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