Farley told employees the impact of tariffs is "likely to be significant across our industry." Analysts have warned of higher prices and lower automaker profits.
UAW President Shawn Fain doesn't believe 25 percent tariffs on automotive imports will lead to increased prices or lower profits. Instead, he believes automakers can add "thousands" of U.S jobs within months.
A circuit judge found 'overwhelming evidence' that Ford 'engaged in deceit and fraud.'
If the UAW fails to secure a contract by April 30, workers could call for a decertification vote to boot out the union, though labor experts say that's unlikely.
Aragon starts March 17 and will lead the team in charge of building and marketing a suite of services and experiences across Ford's three business units: Ford Pro, Ford Blue and Ford Model e.
Three of Ford's five named executives in an annual SEC filing saw their compensation fall from year-earlier levels after the company missed quality and EV sales targets.
The Trump administration begins efforts to reverse Biden-era electric vehicle rules. Suppliers worry that steel and aluminum tariffs will make them less competitive. Plus, Automotive News’ Laurence Iliff talks about Tesla’s slumping sales and whether CEO Elon Musk’s political statements and actions are partly to blame.
Ford on March 10 announced its dealers and philanthropic arm are investing $4 million in the Auto Tech Scholarship program for 800 students, up from the $2 million a year ago it awarded to 400 students.
The union's stance reflects Fain’s long-held distain for free trade agreements that he believes have harmed U.S. auto workers.
About 3.6 million vehicles were imported into the U.S. from Canada and Mexico in 2024, according to S&P Global Mobility, and they include many of this country’s bestselling models.