Ford Motor Co. has informed dealers that prices on current inventory will remain unchanged. However, a forthcoming 25% tariff could significantly increase vehicle costs in May, impacting potential sales as consumers may be reluctant to pay higher prices. While not all vehicles will be subject to the tariff due to U.S.-made parts, the increased costs could restrict customer demand and deplete dealer inventory. Price hikes may range from $5,000 to $15,000 by summer, further complicating Ford's profitability amidst existing losses in its EV division.
Ford has warned dealers of impending tariff impacts, predicting a 25% hike on some vehicles, which could dampen customer demand and affect inventory.
Tariffs could cause vehicle prices to increase by $5,000 to $15,000 by early summer, significantly affecting Ford's sales and earnings.
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