Revenues up, as could be expected by the sales bump they got from offering “A Plan for everyone” prices. EPS 37 cents, vs 33 “expected” and 47 cents last year.
$800M hit from tariffs in the quarter, vs $1.1B at GM.
EV sales down 31%
Hybrid sales up 23%
ICE up 15%
Interesting thing is, the Ford US web site shows three hybrid models, the US built F-150, the Mexican built Maverick, which will be hobbled by tariffs, and the US built Escape, which Ford is dropping at the end of this year. Seems Ford is crippling it’s best growing product category.
Steve…“up” is still not a verb