Ford News
Do existing domestic assembly plants have enough excess production capacity to take on work otherwise slated for Mexico, Canada or elsewhere?
Car buyers won’t be the only ones feeling the pain from new automotive tariffs. They could lead to a pullback in automotive marketing spending, potentially affecting agencies, and ad sellers.
Battery-electric vehicles accounted for less than 8 percent of Ford’s sales in Europe last year. That number will need to rise to 20 percent or higher to meet tougher CO2 standards.
Tariffs will raise costs while softening vehicle demand, creating fallout at assembly plants across North America, according to the Canadian Vehicle Manufacturers’ Association.
The automaker said sales of internal combustion engine vehicles fell 4.8 percent in the quarter, while sales of electric vehicles rose 11.5 percent and hybrid sales jumped 33 percent.
Ford Motor Co., General Motors and Chrysler parent Stellantis are lobbying the administration to exclude certain low-cost car components from the planned tariffs, people familiar with the matter told Bloomberg.
Automakers were counting on another U.S. sales gain in 2025 after volume rose 2.5 percent to 16 million in 2024. But tariffs and sliding consumer and business sentiment have clouded the outlook.
Farley told employees the impact of tariffs is "likely to be significant across our industry." Analysts have warned of higher prices and lower automaker profits.
A quick rundown of the week's top stories as determined by reader interest.
he National Highway Traffic Safety Administration said on March 24 it has opened a preliminary probe into nearly 1.3 million Ford F-150 pickup trucks over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up.
