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Ford reports Q2 net loss and predicts bigger impact from tariffs ahead
Despite record revenue, Ford posted a net loss of $36 million due to special charges, including a recall and canceled EV program. Tariffs impacted Ford's financials, leading to an $800 million expense in the quarter and a lowered full-year earnings forecast.
Ford Motor Co. warned profit this year will see a sharp drop on the growing fallout from President Donald Trump’s tariffs, ...
Carmakers have so far avoided passing on much of the cost of tariffs to consumers. They built as many cars as they could ...
Ford Motor said tariff-related costs would cut about $2 billion from annual earnings before interest and taxes, a jump from the $1.5 billion predicted three months ago. It paid out more than $800 ...
For the full year, the Dearborn automaker recorded a $10.2 billion adjusted operating profit, a 5.5% margin, on revenue of $185 billion, which was up 5% from 2023 and marked Ford's highest ...
She said Ford is building a solid software and physical services business, led by commercial customers at Ford Pro which achieved a full-year EBIT of $9 billion, up from $7.2 billion in 2023.
Ford said Monday that its net income fell by about two-thirds in the first quarter to $473 million, or 12 cents per share, from $1.33 billion, or 33 cents per share in the year-earlier quarter.
Ford said Monday that its net income fell by about two-thirds in the first quarter to $473 million, or 12 cents per share, from $1.33 billion, or 33 cents per share in the year-earlier quarter.
Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, which is more than previously ...
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