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 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 CEO calls for ‘comprehensive' tariff analysis for all countries
Farley singled out imports from Japan and South Korea that have little to no duties compared to the 25% tariff threatened on Canada and Mexico.
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.
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 calls out his automotive rivals amid policy talk
However, when it comes to these tariffs, Ford CEO Jim Farley sees another issue beyond just Canada and Mexico. Ford Motor ...
Ford CEO Jim Farley: Demand Isn't There for Big EV Trucks & SUVs Yet
"For larger retail, electric utilities, the economics are unresolvable," Farley said in the earnings call, according to ...
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 ...
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 ...
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 Projects Mounting EV Losses for 2025, Q4 Profit Up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it ...
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 ...
Ford CEO: We Need EREVs Because Americans 'Love Their Big Trucks'
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...