The administration's new levies will be a massive blow to the bottom line of Ford and GM and force job cuts across the industry.
President Trump's tariffs are hitting the auto industry in multiple ways, creating havoc for both car companies and buyers trying to assess the impact.
Trump's tariffs have thrown the auto industry into turmoil, with Canada hitting back. Consumers and automakers now brace up for rising costs and disruptions.
Auto stocks are holding up relatively well after Trump's tariff bombshell.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
PepsiCo's free cash flow compares surprisingly well to soda king Coca-Cola. Ford is a strong dividend payer that, unlike some peers, has positive free cash flow.
President Donald Trump's 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies could take years to unfold. In the near term, auto industry investors should expect continued volatility in automaker and supplier stocks, according to Wall Street analysts.
Ford Motor Company has launched a From America, For America campaign, offering U.S. customers access to the company's employee pricing.
The National Highway Traffic Safety Administration said on Thursday that it is recalling about 105,322 SUVs over concerns related to their seat belts.
Ford Motor plans to announce discounts across multiple models starting on Thursday, three sources said, leaning on its healthy inventory to offer customers thousands off their vehicles as some competitors have hiked prices to absorb added costs from tariffs.
U.S. President Donald Trump's 25% automobile tariffs are due to take effect at 12:01 a.m. ET on Thursday, according to a post in the Federal Register.
President Trump's new auto tariffs could increase the cost of cars by thousands of dollars, impacting both consumers and automakers as domestic and foreign manufacturers adjust pricing and production plans. Check out our daily newsletter!