StockNews.AI
F
New York Post
20 days

Ford shares slide as automaker takes $800M hit from tariffs, cuts profit forecast

1. Ford's Q2 results reported an $800 million tariff impact. 2. Tariff costs project to hit $3 billion for the full year. 3. Ford's adjusted earnings guidance lowered to $6.5 billion - $7.5 billion. 4. General Motors faced a bigger tariff impact at $1.1 billion in Q2. 5. Ford's production is 80% domestic, providing some insulation against tariffs.

6m saved
Insight
Article

FAQ

Why Bearish?

The increased cost projection due to tariffs negatively affects Ford's profit margins, reminiscent of past tariff impacts on automakers.

How important is it?

The article highlights significant tariff impacts on Ford, which are critical for investor considerations.

Why Short Term?

Tariff negotiations and costs are currently pressing issues likely to impact Q3 results soon.

Related Companies

Related News