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Ford, Chrysler Recall 2010 Cars

Ford stock has inched up 0.9% to $10.71 Friday morning. Meanwhile, Toyota (TM - Get Report) American Depository Receipts have fallen 0.3% to $70.97.

The recalls have come after Toyota announces more global recalls last week.

There have been a spate of vehicle recalls in 2010 as the NHTSA comes under immense pressure --- following widespread criticism of the agency for not coming down hard enough and earlier enough on Toyota for its safety problems -- to pressure automakers to address vehicle problems with recalls rather than more subtler approaches.


-- Reported by Andrea Tse in New York

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