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Jilly_in_VA

(14,371 posts)
Mon Aug 4, 2025, 11:21 AM Aug 2025

Ford'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.

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Ford's Profits Wiped Out By Trump's Tariffs (Original Post) Jilly_in_VA Aug 2025 OP
Tax cuts don't mean much without profits. House of Roberts Aug 2025 #1
I've stopped seeing their patriotic ads lately newdeal2 Aug 2025 #2
So CEO Farley BOSSHOG Aug 2025 #3
"trump" taxes RT Atlanta Aug 2025 #4
That's their president. RockRaven Aug 2025 #5
My daughter is top manager Tree Lady Aug 2025 #6
Fear SheLiberal Aug 2025 #8
The CEO is trying to spin this as great news, I doubt it. nt ImNotGod Aug 2025 #7
Most of the auto manufacturers took huge losses on their EV programs MichMan Aug 2025 #9
The stock market seems unconcerned onenote Aug 2025 #10

House of Roberts

(6,525 posts)
1. Tax cuts don't mean much without profits.
Mon Aug 4, 2025, 11:25 AM
Aug 2025

I'd rather pay a ten percent higher tax, but have adequate profits to make it worth paying!

newdeal2

(5,411 posts)
2. I've stopped seeing their patriotic ads lately
Mon Aug 4, 2025, 11:25 AM
Aug 2025

Did they stop that special pricing promotion or just run out of money?

BOSSHOG

(44,738 posts)
3. So CEO Farley
Mon Aug 4, 2025, 11:26 AM
Aug 2025

What are you gonna do about it? Trump and you CEO types are joined at the billions. Fix it. If not, why not?

Tree Lady

(13,282 posts)
6. My daughter is top manager
Mon Aug 4, 2025, 11:48 AM
Aug 2025

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.

SheLiberal

(84 posts)
8. Fear
Mon Aug 4, 2025, 12:24 PM
Aug 2025

I think most people are afraid to make any big purchases now due to the chaos the pedo President is creating.

MichMan

(17,151 posts)
9. Most of the auto manufacturers took huge losses on their EV programs
Mon Aug 4, 2025, 12:33 PM
Aug 2025

Consumers were not interested buying them.

onenote

(46,142 posts)
10. The stock market seems unconcerned
Mon Aug 4, 2025, 12:38 PM
Aug 2025

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.

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