Legal Proceedings.
+Added: PRODUCT LIABILITY MATTERS
+Added: Ford (as previously reported on page 29 of our 2022 Form 10-K Report).
+Added: Plaintiffs in this product liability action pending in Georgia state court allege that the roof of a 2002 Ford F-250 involved in a rollover accident was defectively designed.
+Added: During the first trial in 2018, the judge declared a mistrial, ruled that Ford’s attorneys had violated pre-trial rulings while presenting evidence, and sanctioned Ford by prohibiting Ford from introducing any evidence at the second trial to show that the roof design of the F-250 was not defective.
+Added: During the second trial in August 2022, a jury found that Pep Boys (the party that sold the tires on the vehicle involved in the rollover accident) was responsible for 30% of the damages, and Ford, as a direct result of the sanctions order prohibiting Ford from presenting its defense, was responsible for 70% of the damages, resulting in $16.8 million in damages being apportioned to Ford.
+Added: The jury subsequently awarded punitive damages against Ford in the amount of $1.7 billion.
+Added: Ford filed post-trial motions seeking a new trial, and on September 14, 2023, the trial court denied Ford’s post-trial motions.
+Added: On October 13, 2023, Ford filed a notice of appeal with the Georgia Court of Appeals.
+Added: We believe the law supports our position that Ford is entitled to a new trial with the right to present evidence in its defense.
ENVIRONMENTAL MATTERS
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OTHER MATTERS
−Removed: Brazilian Tax Matters (as previously reported on page 31 of our 2022 Form 10-K Report and page 64 of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023).
+Added: Brazilian Tax Matters (as previously reported on page 31 of our 2022 Form 10-K Report, page 64 of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, and page 65 of our Quarterly Report on Form 10-Q for the quarter ended June 30, 2023).
One Brazilian state (São Paulo) and the Brazilian federal tax authority currently have outstanding substantial tax assessments against Ford Motor Company Brasil Ltda.
10 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.