Jim Farley Says Ford Will Delay Price Hike To See How Rivals React To Tariffs

Quick Summary:

Ford Motor Co.(NYSE:F) has announced it will delay the planned hike in prices for its vehicles until it sees how the competitors respond to Donald Trump's auto tariffs.

What Happened: Ford CEO Jim Farley shared the update from the company's manufacturing facility in Louisville, Kentucky, Bloomberg reported on Wednesday.

He also said that the company will provide more details in its upcoming earnings call.

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Article Details

Author / Journalist: Badar Shaikh

Category: Technology

Markets: United StatesChina

Topics: Equities Consumer Tech Donald Trump Tech General News Jim Farley Mobility Benzinga Markets F US3453708600

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 10:36:47 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28308426

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