Barbie maker Mattel says it will put up the prices of some of its toys in the US as President Donald Trump’s tariffs increase its costs. The firm also says it will cut the number of products it makes in China for the American market. At the same time, car making giant Ford says the…
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from President Donald Trump’s tariffs. The Detroit automaker said it expects to offset…
Ford Motor CEO Jim Farley speaks during a launch event for the 2025 Ford Expedition in Louisville, Kentucky, on April 30, 2025. Michael Wayland | CNBC LOUISVILLE, Ky. – President Donald Trump’s reprieve for automotive parts tariffs is helpful, but more changes are still needed to assist automakers and grow the U.S. auto industry, Ford…
A Ford Bronco at a Ford dealership in Richmond, California, on March 3, 2025. Bloomberg | Bloomberg | Getty Images Ford Motor on Tuesday reported a slight decline in its first-quarter U.S. vehicle sales, as the automaker and the broader industry brace for the impacts of President Donald Trump’s auto tariffs that are set to…
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said…
2024 Lincoln Nautilus Ford DETROIT — President Donald Trump’s move Saturday to impose 10% additional tariffs on imports from China affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported from about $15.4 billion…
The Ford exhibit area is shown at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, on Jan. 10, 2025. Bill Pugliano | Getty Images DETROIT — Ford Motor is set to report its fourth-quarter earnings after the bell Wednesday. Here is what Wall Street is expecting, according to average estimates compiled by…
Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp | Getty Images DETROIT – Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019, prior to impacts…
