If you are looking to buy a car this year will you buy before 25% auto tariffs go into effect next week? There may be ~10K increase on average per vehicle but not sure if this is temporary or would become permanent increase. This whole thing can lead to layoffs, add inflation pressure and tilt towards recession. Good luck
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Do you want to buy Ford cr-p or pay extra for a high quality vehicle until these foreign cars are manufactured 100% in USA? Ford will be sc--wed one way or the other. You can't keep good auto companies away as they will be manufacturing 100% here sooner than later. They can move fast. Bottom line is Ford needs to improve quality to survive.
But how is Ford going to be able to pay for new/updated plants and the higher cost of US labor?
GM has already increased prices on some SUV's by 12K and that was before any tariffs. This can't go on much longer without a steep loss in sales.
This is only for models made out of the US. The OP is a lying fear-mongerer. Must be a CNN viewer!
Stay away from Mach-e, Bronco Sport, Transit and Maverick and you have no issues!
Tariffs for the win!
25% tariff is a ticket for 25% material cost increase and 25% labor cost reduction.
What 25% tariff? Buy American made / MADE in America and enjoy a tax deduction for interest if you opt for a loan.
Ford needs to shift as much foreign production back to the US as quickly as possible. Having more US content will give Ford an advantage over its rivals.
Companies that comply with the America First strategy will not face tariffs and will even be provided tax break incentives to make the American made product and even better choice.
More people employed in new higher paying auto jobs will be buying more American product resulting in larger US made auto profits.
JPMorgan analyst Ryan Brinkman said Thursday that the 25% tariff could eliminate General Motors’ global profit and reduce Ford Motor Co.’s by about 75%. He forecast a “$14 billion cost to General Motors (amounting to essentially all of its global profits) and a $6 billion cost to Ford (amounting to ~75% of global profits).”
Dealerships will get what they deserve. They should have lowered prices earlier. Now it's too late. They will loose floor plan space for being stupid and they will continue to pay notes of 2024 and some deplorables will still have 2023's that they STILL refuse to come down on.
Why would prices of cars that are already sitting on the lots increase? Is that like when there's a hurricane and gas prices go up overnight even though that fuel is already delivered to the gas stations?