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Ford suspends 2025 guidance amid $2.5 billion tariff impact
Ford Motor exceeded Wall Street’s expectations for the first quarter but suspended its 2025 financial guidance due to an anticipated $2.5 billion impact from President Trump’s tariffs.
The company plans to offset $1 billion of those costs but warned of risks, including supply chain disruptions and future tariff increases.
Ford’s first-quarter revenue dropped 5% to $40.7 billion, with a nearly 90% decline in EBIT for its “Blue” operations and a 16% revenue drop in its commercial business.
Its electric vehicle division, “Model e,” narrowed its losses, CNBC has reported.
Ford plans to update guidance after the second quarter.
read more: https://www.cnbc.com/2025/05/05/ford-motor-f-earnings-q1-2025.html
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