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Ford, Trump
Ford Stock Is Falling. CEO Says Trump Tariffs Will Damage U.S. Auto Industry.
Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are made in the country. What’s more, all of Ford’s t
Ford CEO urges Trump not to 'cherry-pick' tariffs as auto industry faces multibillion dollar threat
During Ford’s Q4 earnings call yesterday, Farley warned that prolonged tariffs on imports coming from Mexico and Canada, where Ford and rival GM ( GM) make vehicles, would have a "devastating impact" on the industry, with the potential for billions in profits to be wiped out.
Ford Expects Big Profit Drop as Trump Tariff, EV Threats Loom
Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.
1d
on MSN
Trump tariffs will cost U.S. carmakers billions and are a ‘bonanza’ for Asian competitors, warns Ford CEO Jim Farley
The biggest winners from Trump’s proposed tariffs, Farley suggested, won’t be domestic automakers but Asian rivals that would ...
1d
Doug Ford tries to explain his hot mic comment about Donald Trump: ‘I always believe in working with anyone’
PC leader Doug Ford was caught Monday on a hot mic at his Etobicoke campaign office confiding that he had hoped Donald Trump ...
3h
on MSN
Automakers say Trump tariffs on Canada and Mexico will cause U.S. car prices to rise
Proposed 25% U.S. tariffs on Canada and Mexico could lead to a sharp increase in vehicle prices, auto industry executives and analysts say.
1d
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
13h
Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
3d
Doug Ford overheard saying he was happy Donald Trump became president — ‘then the guy pulled out the knife’
PC leader Doug Ford, who last week triggered the Feb. 27 Ontario vote 15 months early, emphasized he is still able to do the ...
2d
Before tariffs, Ford says he was ‘100% happy’ Trump won U.S. election in hot mic comments
Speaking to a small group of people at his local campaign headquarters, Ford appeared to explain his initial admiration for President Trump in a moment caught on hot mic.
16h
on MSN
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 ...
3h
Live: Trump in tariff tit-for-tat with China; duties on Canada, Mexico paused for one month
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
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