New York, May 5, 2025 (AFP) - Ford sees $1.5 bn tariff hit this year, suspends 2025 forecast

NAMPA / AFP

2025-05-05

Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year hit of about $1.5 billion in adjusted operating earnings following President Donald Trump's myriad tariff actions since returning to the White House in January. Profits came in at $471 million, beating analyst expectations but just......

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New York, May 5, 2025 (AFP) - Ford sees $1.5 bn tariff hit this year, suspends 2025 forecast

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