Ford CEO Jim Farley expects a $1.5 billion hit from 25% auto sector tariffs despite 80% of US vehicle sales being domestic. GM and Stellantis also report profit dips due to tariffs. Ford divides business into Ford Blue, Model e, and Ford Pro units with expected revenue and EBIT for each.

Ford faces challenges from tariffs and rising warranty costs, including a $570 million charge related to a recall in Q2. The Ford+ plan divides the business into gas-powered, electric vehicle, and commercial units, each with expected revenue and EBIT figures.

Ford pulled full-year guidance due to tariffs but saw sales gains in Q2 with a 14% increase in US sales. Despite tariff impacts, the company’s employee pricing strategy drove sales. Investors await updates on forecasts given current trade deals and mitigation efforts. CEO Jim Farley to discuss tariff effects on US-made vehicles.

Read more at Yahoo Finance: Tariff exposure, warranty costs top of mind for CEO Farley and investors