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Automotive giant Ford has revealed that import duties imposed by Washington cost the company $800 million (£604million) ...
General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of ...
The US automaker has fared best of all since tariffs were introduced, but forecast an even higher $4.66 billion cost because ...
On July 30, Ford said it now expects its full-year adjusted EBIT to be $6.5 billion to $7.5 billion, which includes a net tariff-related cost of $2 billion. Ford also expects to generate $3.5 billion ...
The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year.
Wall Street analysts expect Ford to report adjusted earnings per share of 33 cents and automotive revenue of $43.21 billion.
Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global ...
The $3 billion line of credit, available through July 28, 2026, offers Ford the ability to strengthen liquidity and financial flexibility as the Big Three car manufacturers — Ford, General Motors, and ...
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists ...
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed how high costs were creating a ‘crisis’ at the ...
President Trump's tariffs could hit the economy badly and lead to higher inflation. But Wall Street investors are reacting by ...