Having rallied more than 20% in just a few weeks between mid-June and mid-July, shares of Ford Motor Company (NYSE: F) looked primed to fly even higher. Instead, the auto stock suddenly hit a speed bump and ended July down 13.7%, according to data provided by S&P Global Market Intelligence.

Blame Ford's numbers.

Ford's second-quarter profits came in below analysts' expectations, what with its net income falling 5% year over year to $1.8 billion despite 6% growth in revenue. Vehicle recalls and warranty costs are costing Ford billions of dollars and eating into its profits. Meanwhile, Ford's electric vehicle (EV) business continues to lose money.

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Source Fool.com