Ford CEO Jim Farley flags concerning behavior from new car buyers
Ford noticed a trend among new car buyers amid rising prices.
Ford (F) determined Monday to suspend its guidance for the Twelve months attributable to the uncertainty around tariffs.
The U.S. auto manufacturer praised President Donald Trump's tariffs, asserting it "helps the administration's goal to pork up the U.S. financial system by growing manufacturing." However, it also acknowledged it expects tariffs to exhaust $1.5 billion of its EBITDA this Twelve months.
What's Your Reaction?
