Ford tells dealers prices could go up in June if Trump's tariffs remain

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Ford tells dealers prices could go up in June if Trump's tariffs remain | CNN Business

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Ford tells dealers prices could go up in June if Trump's tariffs remain | CNN Business

//business-finance.news-articles.net/content/202 .. june-if-trump-s-tariffs-remain-cnn-business.html

Published in Business and Finance on Thursday, April 17th 2025 at 11:20 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Ford is warning its dealers that tariffs will likely raise prices in the coming months, the latest impact the import taxes will have on Americans' finances.

2025-04-17 312 x 176 / 57606 Bytes

Ford Motor Company announced on April 17, 2025, that it will increase the prices of its vehicles in the United States due to new tariffs imposed on imported automotive parts. The price hike, which will affect a range of models including the F-150, Mustang, and Explorer, is set to take effect from June 1, 2025. Ford's CEO, Jim Farley, stated that the decision was unavoidable due to the increased costs resulting from the tariffs, which were introduced as part of broader trade policies aimed at protecting domestic industries. The company anticipates that the price increases will range from $500 to $1,500, depending on the model and specific features. This move has sparked concerns among consumers and industry analysts about the potential impact on Ford's sales and market competitiveness.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/17/business/ford-car-prices-tariffs/index.html ]