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Jim Farley, Ford's CEO, said a Toyota 4Runner made in Japan could cost $10,000 less than a Ford Bronco made in Michigan.
The company says new tariff deals with Japan, the EU and South Korea put it at a disadvantage.
Ford, on the other hand, makes 77% of its vehicles domestically. Still, CEO Jim Farley sees tariffs irreparably changing the ...
Ford is upset that the Mexico and Canada rates are higher than the 15% tariff rates announced for major automotive nations ...
Ford has updated its financial guidance again for 2025, noting that tariffs will dent profits by a $3 billion gross amount, ...
U.S. automakers are not pleased with the terms, saying that the 15% that foreign makers will pay does not make up for lower ...
Carmakers have so far avoided passing on much of the cost of tariffs to consumers. They built as many cars as they could ...
Ford faces a $2 billion profit hit in 2025 due to Trump’s auto tariffs, despite strong domestic production and efforts to ...
Automotive giant Ford posted its first quarterly loss in two years Wednesday after seeing $800 million in tariff costs. Ford reported $50.2 billion in second-quarter revenue, a 5 percent increase ...
Ontario Premier Doug Ford said he and his government will ‘continue fighting’ U.S. President Trump and his ‘radical views.’ ...
Premier Doug Ford is urging Prime Minister Mark Carney to stand his ground against U.S. President Donald Trump's tariff ...