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 face little additional impact.
Ford CEO: Trump tariffs would wipe out billions in profits if they're long lasting
President Donald Trump agreed to a 30-day pause on 25% tariffs on Canada and Mexico on Monday, while a 10% tariff on China kicked in on Tuesday. The tariffs could inject chaos into auto supply chains, experts say. The auto industry accounts for 26% of imports from Mexico to the US, and 12% from Canada, UBS researchers estimated.
Ford's CEO Finally Says The Quiet Part Loud About Tariffs
Tariffs have been a hot topic over the past two weeks. The number one uncertainty is if those tariffs would be enacted as promised how they would affect the price of ... well, everything, including EVs.
Ford Stock Drops On Downbeat 2025 Outlook Amid Trump Tariffs
Ford's outlook for 2025 sees full-year 2025 adjusted EBIT of $7 billion to $8.5 billion, and $3.5 billion to $4.5 billion in adjusted free cash flow. CEO James Farley said on an earnings call that a few weeks of tariffs are "manageable."
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: If tariffs persist it'd mean billions of dollars of losses for domestic car industry
Overtime' to discuss Ford earnings, impact of Mexico and Canada's tariffs and cost reduction plans. During the defense of Leningrad a well laid trap resulted in a spectacular victory with just 1 tank taking out 22 German Tanks and 2 Anti-tank guns.
Trump tariffs put US automakers at disadvantage, warns Ford CEO
Ford Motor Co (NYSE: F) chief executive Jim Farley is concerned that President Trump’s planned tariffs could do more harm than good to the US automotive industry. Raising tariffs against China, Mexico,
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,
Ford CEO says Trump's tariffs could cost the industry billions in profits — and raise car prices
President Donald Trump’s proposed tariffs on Mexico and Canada could be devastating for the auto industry, according to Ford Motor Co.’s (F) CEO.
Ford goes protectionist as EV losses top $5B
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and ...
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 ...
Bloomberg Talks: Ford CEO Jim Farley
Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics ...
Ford CEO Jim Farley Says Big Electric Trucks Aren't Profitable Just Yet
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
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.
Ford Plans EREV Powertrains; Tariffs Could Force ‘Major Strategy Shifts’
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
US senators demand Ford explain Jack Cooper contract cancellation that led to job losses
Two senators are giving Ford CEO Jim Farley one week to explain why the automaker ended a 40-year contract with car hauler ...
Ford Says Large Electric Trucks And SUVs Have 'Unresolvable' Problems
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
Ford Stock Drops as Automaker Projects Lower Earnings, Offsetting Upbeat Q4 Results
Ford Stock Drops as Automaker Projects Lower Earnings, Offsetting Upbeat Q4 Results KEY TAKEAWAYS Ford shares are tumbling in ...