Detroit automakers are struggling in Q2 earnings due to Trump’s auto tariffs. GM plummeted 8% despite beating estimates, citing a $1.1 billion tariff hit. Stellantis reported a $2.7 billion loss from tariffs. Ford’s Q2 report is upcoming, analysts predict a 2% revenue drop to $43.9 billion with a 27.7% EPS fall to $0.34.

Ford faces quality issues and EV business challenges. Recalls and warranty issues plague profits, costing $570 million. Ford warns of a $5-5.5 billion pre-tax loss in EVs. Analysts are cautious, with only 3 out of 24 rating Ford a “Strong Buy.” Ford trades above mean target price at $10.18.

While Ford’s U.S. sales were strong in Q2, challenges like recalls and EV losses loom. Analysts are wary, with 3 of 24 rating Ford as a “Strong Buy.” Uncertainty over tariffs adds to caution. Ford’s upcoming earnings call will reveal more insights into its future direction and challenges.

Read more at Yahoo Finance: Will Ford Stock Follow in GM’s Footsteps and Plunge on July 30?