Trump tariff hit: Ford withdraws 2025 forecast, Q1 profits fall by 65%, revenues fall to $40 billion – Times of India
Automobile giant Ford hit a huge bump in its first quarter profits, reporting a sharp fall of 65% on Monday. The company also withdrew its forecast for 2025 amid tariff uncertainty as auto sales fell due to the launch of new vehicles.The company posted $471 million in profits for the quarter, a figure that exceeded…
