New York, July 30, 2025 (AFP) - Ford reports loss as it sees 2025 tariff hit of $2 bn

NAMPA / AFP

2025-07-30

Ford reported a narrow loss Wednesday despite surging sales from consumers seeking to beat tariff impacts as the automaker projected a $2 billion full-year earnings hit due to the levies. The major US automaker pointed to one-time costs related to vehicle recalls and the cancellation of an electric vehicle program as factors behind a second-quarter loss of $36 million, compared to profits of $1.8 billion in the prior year. But revenues jumped 5.0......

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