Ford Scraps 2025 Performance Outlook Amid $1.5 Billion Profit Drop Linked to US Tariff Measures
2025-05-07 / Read about 0 minute
Author:小编   

Impacted by the US tariff policy, Ford Motor Company anticipates a profit decrease of $1.5 billion by 2025 and has consequently withdrawn its full-year performance forecast. The company's Chief Financial Officer (CFO) disclosed that tariffs will elevate costs by $2.5 billion, primarily stemming from imported vehicles from Mexico and China. As a result, Ford has halted its export operations to China but continues to import select models. To mitigate the effects of tariffs, Ford intends to establish a plant in Mexico; however, this capacity expansion is not expected until 2026. Furthermore, the cost of electric pickup truck batteries has surged by 18%, potentially pushing back the launch of new electric vehicle models.