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Ford to delay price increases to see how rivals react to tariffs

Ford and others have lobbied for relief on 25% tariffs

Bloomberg NewsbyBloomberg News
April 30, 2025
in Risk Management
Reading Time: 2 mins read
0

Ford Motor Co. won’t increase the price of its vehicles until it sees how competing carmakers respond to higher costs imposed by President Donald Trump’s tariffs. “You know half the industry in the US is imported and they have $5,000 to $10,000” in additional costs due to tariffs, Ford Chief Executive Officer Jim Farley told […]

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