Ford

Ford: Trump’s Tariffs Will Cost Billion and Benefit Japanese Rivals

Ford: Trump’s Tariffs Will Cost $2 Billion and Benefit Japanese Rivals

Finance

Jim Farley, the CEO of Ford, said on Wednesday that the Trump administration’s tariff policy will saddle the automaker with a $2 billion bill while benefiting its Japanese rivals.”Our tariff bill is $2 billion, and that’s a net number,” Farley said in an earnings call. The company had projected a…

Tesla and Ford Race to Sell More EVs Before the Tax Credit Goes Away

Tesla and Ford Race to Sell More EVs Before the Tax Credit Goes Away

Finance

Tesla and Ford have a simple message for EV buyers after President Donald Trump’s Big Beautiful Bill passed — buy, buy, buy.Automakers are racing to capitalize on a last-minute scramble from customers looking to snap up EVs before the crucial $7,500 tax credit expires later this year.With Trump’s tax and…