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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
Carmakers have so far avoided passing on much of the cost of tariffs to consumers. They built as many cars as they could before tariffs took effect, and have absorbed some of the cost. Ford expects that retail prices for its vehicles will rise only 1 percent this year, Ms. House said.
Ford reports record Q2 revenue but posts $36M loss as tariffs and EV costs drag earnings; full-year guidance reinstated.
General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of ...
Ford posted an earnings and revenue beat for the second quarter and reinstated full-year guidance, but upped its full-year ...
Ford's earnings show ongoing profit margin pressure and heightened uncertainty, especially with tariff challenges. Read what ...
Ford CEO Jim Farley said the automaker expects a $2 billion tariff bill, and that current tariff policies could give Japanese ...
Ford Motor Co. reported record revenue in the second quarter of $50.2 billion as its employee pricing program helped drive ...
Ford says profit will drop more than estimates Ford Motor Co.’s profit will slump in 2017 as it invests in autonomous and electric vehicles, and as a used-car glut hurts its financial-services ...
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