US Edition
Ford reinstates full-year outlook, including $2 billion tariff hit
UNITED STATES, JUL 30 – Ford raises its full-year tariff cost forecast to $2 billion, citing ongoing steel, aluminum, and parts levies that continue to pressure earnings and offset strong EV sales growth.
- On Wednesday, Ford Motor Co. will report its second-quarter earnings after the market's close, with full-year guidance suspended in May due to tariffs.
- Amid ongoing U.S. levies, President Donald Trump’s 25% tariffs on imported vehicles and auto parts remain in effect, cutting $800 million from Ford’s quarter ending in June.
- Reporting $50.2 billion in revenue, Ford posted adjusted earnings per share of $0.37, beating analysts' $0.33 estimate.
- Forecasting full-year EBIT, Ford expects $6.5 billion to $7.5 billion, down from February’s projection of $7.0 billion to $8.5 billion.
- Future projections show Ford expects $2 billion in tariff costs this year, and the end of a $7,500 EV tax credit in September may dampen sales.
30 Articles
30 Articles
Ford admits cars coming to the US will cost more for the rest of 2025
FORD customers looking to buy a new car may need to pay more, as the company said materials will likely cost more in the following year. The American vehicle manufacturer stated during an earnings call that the cost of materials, including steel and aluminum, is expected to rise. GettyFord announced an $800 million added expense due to tariffs[/caption] GettyThe company raised the prices of several of its models[/caption] The automaker also shar…
US author Ford expects Trump's import tariffs to put two billion dollars on the market. Ford CEO Farley warns that the US president would benefit Japanese rivals such as Toyota with his policy.
The auto giant Ford produces a large part of its vehicles in the USA, but imports parts from all over the world. Due to Trump's tariffs, the Group expects a billion-dollar charge and shortens its forecast.
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