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Ford Motor Company commended the Trump administration’s consideration of major tariff relief for U.S. automakers, aimed at decreasing costs for manufacturers. This includes the postponement of a proposed 25% tariff on heavy-duty trucks, initially set for this week, as the administration reviews potential changes.
Ford projects its tariff-related costs could reach approximately $3 billion by 2025. The proposed tariff exemptions could benefit automakers building vehicles domestically, including Ford, Toyota, Honda, Tesla, and General Motors, as part of an initiative to enhance U.S. manufacturing and protect jobs.
Year-to-date, Ford’s shares have risen by 28.3%, outpacing the Zacks Automotive-Domestic industry growth of 8%. The company’s forward sales ratio stands at 0.31, considerably lower than the industry average of 3.32, indicating it may be undervalued compared to competitors.
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