Ford CEO Slams Trump’s Unfair Tariffs That Benefit Foreign Brands
While speaking on Ford’s fourth-quarter earnings call, Farley noted that brands like Toyota and Hyundai can import hundreds of thousands of vehicles from Japan and South Korea without any new tariffs. According to Farley, “we can’t just cherry-pick one place or the other because this is a bonanza for our import competitors.”
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 Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
Ford recalled nearly 73,000 vehicles that may have a faulty rear-view camera. See if your vehicle is on the list.
I bring this up because Ford's investors certainly did this week during the Dearborn automaker's fourth-quarter earnings call ...
Ford Motor Co. says it continues to focus on improving customer experience and is making some key leadership changes in the ...
Auto retail services company Cox Automotive Inc. was forecasting a 5.2% increase in U.S. new vehicle sales for the industry ...
Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding ...
Ford’s latest recall involves its Expedition SUV and F-Series Super Duty trucks, as well as the Lincoln Corsair SUV, over an ...
Stellantis NV will report its 2024 financial results and profit sharing for U.S. employees on Feb. 26.
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