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Ford Stock Is Falling. CEO Says Trump Tariffs Will Damage U.S. Auto Industry.
Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are made in the country. What’s more, all of Ford’s t
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.
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.
The Auto Industry Emerges From The Tariff War With Just A Flesh Wound
This means the U.S. auto industry won't be completely free from tariff hell. Models underpinned by components sourced from China will see an increase in component cost, which, while not quite 25%, will surely be passed onto the consumer in one way or another for automakers to digest the impact on their bottom line.
Michigan Congresswoman says tariffs on Canadian and Mexican products could crash U.S. auto industry
Democratic Congresswoman Haley Stevens spoke with WDET. Says she worries whether tariffs will produce the effect Trump says they will.
Auto industry prepares for new US import tariffs
New import tariffs imposed by the US Trump administration are being planned for implementation on 4 February. They include 25% tariffs on goods from Mexico and Canada that would include automotive components and vehicles (Canadian energy faces a lower 10% tariff). Goods imported from China would attract a 10% tariff.
Trump's Tariffs Could Freeze Canadian Auto Production, Industry CEO Says
As things stand on Monday, Canada stands to be the first major victim of President Donald Trump's long-promised tariffs — and the automotive industry is preparing for a major change in the ways it operates as a result.
Automotive groups react to Trump tariffs on imports from Canada, Mexico, China
President Donald Trump over the weekend announced planned tariffs on imports from Canada, Mexico and China. Some auto groups have reacted to the tariffs.
1d
Auto industry bracing for further disruption in 2025, experts say
Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...
3h
Commentary-The Trump Presidency: What Will Change In The Auto Industry?
In my lifetime and during my career, I don't think one administration changed the auto industry more than the Biden years ...
1d
Automotive Window Regulator Industry to Hit USD 25,892.5 Million by 2035, Expanding at 4.9% CAGR | Future Market Insights, Inc.
The automotive window regulator industry is experiencing steady growth driven by increasing consumer demand for advanced ...
USA Today
7d
Michigan 4th in US auto employment; trade group outlines industry's trillion-dollar impact
Living in Michigan, it would be hard not to have a sense of the impact of the
auto
industry
, with so many of us working ...
5h
F1 Great Ayrton Senna Heads Automotive Hall of Fame Class of Inductees
Three-time Formula 1 champion among inductees that also include racing legend Betty Skelton, executive Dieter Zetsche and ...
1d
Volkswagen's Comeback Quest: Can The Auto Giant Outrace Its Crisis?
Volkswagen's internal software development struggles and skyrocketing vehicle prices have eroded its competitive edge. See ...
3d
Car prices face $3,000 increase as tariffs hit auto sector
The tariffs could add $60 billion in costs, forcing automakers to adjust production and supply chains while impacting vehicle ...
3h
on MSN
Ford CEO has tough words for his automotive rivals
However, when it comes to these tariffs, Ford CEO Jim Farley sees another issue beyond just Canada and Mexico. Ford CEO: ...
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