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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFord's Profits Wiped Out By Trump's Tariffs
Ford Motor Company are now at the Find Out stage after donating to Trump's inauguration. Tariffs, changes to the EV market, and quality issues that have plagued Ford in recent years, were given as the major reasons. Ford's CEO Jim Farley predicted chaos in the auto industry as a result of Trump's tariffs, but even Ford didn't think it would be this bad.
Automotive giant Ford posted its first quarterly loss in two years Wednesday after seeing $800 million in tariff costs.
Ford reported $50.2 billion in second-quarter revenue, a 5 percent increase from the second quarter of last year.
The Dearborn, Mich., company reported a net loss of $36 million, stemming from special charges related to a field service action and expenses related to a previously announced cancellation of an electric vehicle program.
Costs related to tariffs will run the company about $2 billion in annual earnings.
https://crooksandliars.com/2025/08/fords-profits-wiped-out-trumps-tariffs
FAFO. THAT is all.
House of Roberts
(6,525 posts)I'd rather pay a ten percent higher tax, but have adequate profits to make it worth paying!
newdeal2
(5,411 posts)Did they stop that special pricing promotion or just run out of money?
BOSSHOG
(44,738 posts)What are you gonna do about it? Trump and you CEO types are joined at the billions. Fix it. If not, why not?
RT Atlanta
(2,740 posts)will fuck us all
RockRaven
(19,373 posts)Tree Lady
(13,282 posts)At large Honda dealership in Bay Area. It's been so slow since Trump took over she is having to lay people off for first time since she has worked there in over 20 yrs. Her place is very popular and was always busy before wth her always needing more employees.
Even during covid they did well with used cars and ordering online. This is worse than then.
I think most people are afraid to make any big purchases now due to the chaos the pedo President is creating.
ImNotGod
(1,194 posts)MichMan
(17,151 posts)Consumers were not interested buying them.
onenote
(46,142 posts)While Ford stock has dropped 2.75 percent over the past five days, it is up 2% so far today. And it is up over 8 percent the past six months and over 11 percent since the beginning of the year.