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Ford suspends annual earnings guidance, predicts tariffs will eat into profits
Retooling at Kentucky Truck, which produces the cash-cow Super Duty pickups, also contributed to Ford Pro, the commercial vehicle business, reporting $1.309 billion in operating income, down 56% year-over-year, and a 8.6% operating margin compared to 16.7% a year ago. Ford had predicted $9 billion in annual earnings from the division.
Ford Motor Co has suspended its full-year financial guidance and says President Donald Trump's auto tariffs will take a toll ...
DETROIT (Reuters) -Ford Motor suspended its annual guidance on Monday because of uncertainty around U.S. President Donald Trump's tariffs, saying the levies would cost the company about $1.5 ...
Ford Motor has killed a program to develop next-generation electrical architecture - the brain of modern cars - that its ...
According to Wolfe, Ford is expected to be one of the biggest winners due to its U.S.-centric production model, with the ...
Ford's first quarter of 2024 included $39.89 billion in automotive revenue, net income of $1.33 billion, and adjusted earnings before interest and taxes of $2.76 billion. The Detroit automaker has ...
Despite the multiple headwinds, there are still reasons to own shares of either of these Detroit-based automakers. One big ...
"We are not there yet," Jim Farley said during event at Kentucky Truck Plant marking the launch of the fifth-generation Ford ...
Ford reports April sales surged 16% led by pickups, but CEO Jim Farley indicated the gains could be people buying out of fear ...
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