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DETROIT (Reuters) -Ford Motor said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, ...
Investors do have one major event to look forward to, and that comes on Aug. 11 when CEO Jim Farley is promising a "Model T ...
The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year.
Ford is upset that the Mexico and Canada rates are higher than the 15% tariff rates announced for major automotive nations ...
The auto industry has been especially affected by the tariffs. Related: Ford CEO Jim Farley still supports US tariffs despite ...
Ford didn't call for any immediate new retaliatory tariffs and repeatedly emphasized his confidence in Carney’s leadership, ...
While investors are hoping for more trade deals to avoid tariffs, one recent deal might be bad news for automakers.
Ford Motor said tariff-related costs would cut about $2 billion from annual earnings before interest and taxes, a jump from ...
Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
"You can see the issue Ford is facing, like many other automakers: MSRPs are up a lot year-over-year. Average transaction prices are not," Schirmer said. "In fact, Ford's average transaction price in ...
It's tough times if you're trying to sell new cars, whether you're targeting the mass market or trying to shift exotics.