Ford and GM report big sales boosts
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Insider |
GM and Ford reported big increases in the number of cars sold ahead of the Trump administration's 25% tariffs on imported vehicles.
Wall Street Journal |
President Trump said he is imposing tariffs of 25% on all foreign-made automobiles that will take effect at midnight.
MLive |
President Donald Trump announced 25% tariffs on auto imports that go into effect on April 3.
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Car stock investors appear to be sleeping on the magnitude of the tariff problem for auto makers. A wake-up call is coming soon.Auto stocks held up relatively well Thursday in the aftermath of President Donald Trump’s Wednesday tariff bombshell,
Car companies like Ford and Dodge-owner Stellantis are responding to Trump's auto tariffs with discounts, fees, and production stoppages.
Explore how 25% tariffs impact car prices, benefit domestic automakers, and create uncertainty for GM and Ford—key insights for informed investment decision making.
Shares of Ford Motor dropped Tuesday despite solid first-quarter U.S. delivery results, highlighting that investors are focused on the rest of the year rather than what has happened over the past three months.
Ford is set to introduce a new Lobo variant of the popular Ford F-150 pickup truck in the U.S., with no rival model from the Chevy Silverado lineup in sight.
Automakers, including General Motors (GM), are beginning to report solid first-quarter sales as the industry prepares for President Donald Trump’s new tariffs. Ford Motor Co. (F) is the exception so far.
Ford Motor announced discounts across multiple models starting Thursday, leaning on its healthy inventory to offer customers thousands of dollars off as competitors hike prices to absorb tariff costs.
In internal memos to their employees, General Motors and Ford reassure their staff as the 25% auto tariffs take effect.
GM CEO Mary Barra and Ford's Executive Chair Bill Ford are lobbying Trump administration to try to ward off tariffs, sources say.