Ford brings back employee pricing
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Ford Motor said its underlying business and pricing is strong and, despite expected higher commodity costs, it raised its annual profit expectations.
By Mike Colias, Nora Eckert and Rachel More DETROIT/BERLIN, April 30 (Reuters) - Some automakers this week got a first-quarter profit boost – at least on paper - from future refunds of tariff payments they made to the U.
Ford Motor Co. recorded a $1.3 billion benefit in the first quarter tied to potential tariff refunds, CFO Sherry House said in an April 29 earnings call. That disclosure came a da
Detroit's biggest automakers are quietly filing to recover billions in tariff payments after a court ruled the policy unlawful