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 is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and ...
Monday’s Toyota recall was connected to an older recall issued in January. The notice said 31 cars are said to have been ...
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Ford Projects Losing $15 Billion In Three Years Building EVsFord is projecting its electric car business will lose another $5.5 billion dollars this year.That figure matches last year’s ...
The automaker is expanding its Power Promise program following record EV sales in Canada.
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
American automakers have relied on labor from neighbors to the north and south since the early days of auto production in ...
The Dearborn automaker expects an adjusted operating income of $7 billion to $8.5 billion, down from the $10.2 billion it ...
Ford's stock performance has been stagnant for years with no appreciation despite dividends, underperforming the S&P 500 ...
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Two former Ford government staffers — including one at the centre of the Greenbelt scandal — are being sued by a property ...
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