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CEO NA Magazine > News > Ford anticipates $1.5 billion tariff impact

Ford anticipates $1.5 billion tariff impact

in News
UAW expands strike to Ford’s biggest factory
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Ford announced impressive Q1 2025 results of $40.7 billion, fueled by a significant increase in sales attributed to customer uncertainty regarding President Trump’s auto tariffs.

Despite the rise, the company withdrew its full-year guidance.

According to Ford’s latest press release: “The company estimates a tariff-related net adverse adjusted EBIT impact of about $1.5 billion for full year 2025, subject to ongoing tariff-related policy developments.”

Ford President and CEO Jim Farley told investors, “We are strengthening our underlying business with significantly better quality and our third straight quarter of year-over-year cost improvement, excluding the impact of tariffs.”

Heading into Q2, Farley said, “Ford Pro, our largest competitive advantage, is off to a strong start to the year, gaining market share in the most profitable U.S. and European customer segments.”

Ford CFO Sherry House stated, “Ford+ is creating a more efficient and durable company including a disciplined approach to capital allocation. Our strong balance sheet, with $27 billion in cash and $45 billion in liquidity, provides flexibility to continue to invest in profitable growth while managing current industry dynamics.”

Ford’s stock fell more than 2% in premarket trading after the announcement.

By CEO NA Editorial Staff

Tags: ceotariffsFordJim Farley

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