Latest news with #F-150Raptors
TimesLIVE
21-04-2025
- Automotive
- TimesLIVE
Ford halts shipments of vehicles to China amid tariffs
Ford said on Friday it has halted shipments of its SUVs, pickup trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%. 'We have adjusted exports from the US to China in light of the current tariffs,' Ford said in a statement. The company this week halted shipments of its F-150 Raptors, Mustangs and Michigan-built Bronco SUVs as well as Kentucky-made Lincoln Navigators to China. The development comes as US carmakers scramble to find ways to tackle President Donald Trump's on-again, off-again tariffs, which are expected to dent profits of carmakers and parts suppliers likewise. The Wall Street Journal was first to report on the halt, citing people familiar with the matter. Ford's exports of US-built engines and transmissions to China are expected to continue despite the pause on exports of assembled vehicles. Its Lincoln Nautilus model, which is manufactured in China, is also expected to have continued shipments, despite heavy tariffs. Ford is among the best-placed carmakers to weather tariffs, as it produces about 80% of its US-sold vehicles domestically. Still, the carmaker is expected to raise prices of its new vehicles if tariffs continue, according to an internal memo sent to dealers that was seen by Reuters. An analysis by the Center for Automotive Research published earlier this month said Trump's 25% tariffs on automotive imports will escalate costs for carmakers by about $108bn (R2.03-trillion) in 2025. Trump earlier this week floated the idea that he was considering a modification to the car-related tariffs, indicating he might allow exemptions on existing levies.
Gulf Today
19-04-2025
- Automotive
- Gulf Today
Ford halts shipments of vehicles to China
Ford Motor said it has halted shipments of its sport utility vehicle (SUVs), pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150 per cent. 'We have adjusted exports from the US to China in light of the current tariffs,' Ford said in a statement. The company this week halted shipments of its F-150 Raptors, Mustangs and Michigan-built Bronco SUVs as well as Kentucky-made Lincoln Navigators to China. The development comes as US automakers scramble to find ways to tackle President Donald Trump's on-again, off-again tariffs, which are expected to dent profits of carmakers and parts suppliers likewise. The Wall Street Journal was first to report on the halt, citing people familiar with the matter. Ford's exports of United States-built engines and transmissions to China are expected to continue despite the pause on exports of assembled vehicles. Its Lincoln Nautilus model, which is manufactured in China, is also expected to have continued shipments, despite heavy tariffs. Ford is among the best-placed automakers to weather tariffs, as it produces about 80 per cent of its US-sold vehicles domestically. Still, the automaker is expected to raise prices of its new vehicles if tariffs continue, according to an internal memo sent to dealers that was seen by Reuters. An analysis by the centre for Automotive Research published earlier this month said that Trump's 25 per cent tariffs on automotive imports will escalate costs for automakers by about $108 billion in 2025. Agencies
The Hill
19-04-2025
- Automotive
- The Hill
Ford halts shipments of F-150s and other models to China: Report
Ford Motor has halted shipments of SUVs, pick-up trucks and sports cars to China due to retaliatory tariffs from President Trump's trade war. This week, the company stopped shipping F-150 Raptors, Mustang muscle cars, Michigan-built Bronco SUVs and Kentucky-made Lincoln Navigators to China, The Wall Street Journal reported Friday, citing people familiar with the matter. China's retaliatory measures in response to U.S. import taxes have raised duties on those vehicles as high as 150 percent, WSJ said. 'We have adjusted exports from the U.S. to China in light of the current tariffs,' a Ford spokesperson confirmed in an email to NewsNation, but it did not say which models were affected. Last year, Ford reportedly shipped about 5,500 Broncos, F-150s, Mustangs and Navigators to China. However, that's well below the annual average of more than 20,000 vehicle exports to China over the past decade, WSJ noted. Ford's decision is one of the first tangible signs of a U.S. automaker adjusting its operations in the wake of Trump's trade war — a battle that's expected to raise costs for manufacturers and car shoppers alike. A recent analysis by the Center for Automotive Research found that Trump's 25 percent tariffs on auto imports will escalate costs for all U.S. automakers by about $108 billion in 2025. Automakers are also navigating tariffs on steel and aluminum imports of at least 25 percent. Earlier this week, Trump hinted that he might relieve the auto industry from 'permanent' tariffs but offered few details. The president insists his trade war will bring manufacturing jobs back to the U.S., but experts fear the economic uncertainty will deter companies from making long-term investments. Ford also exports U.S.-built engines and transmissions to China, and those shipments have continued, WSJ said. The company is better positioned than most to weather the tariff storm, as it produces about 80 percent of its U.S.-sold vehicles domestically, according to Reuters.
Yahoo
19-04-2025
- Automotive
- Yahoo
Ford halts shipments of F-150s and other models to China: Report
(NewsNation) — Ford Motor has halted shipments of SUVs, pick-up trucks and sports cars to China due to retaliatory tariffs from President Trump's trade war. This week, the company stopped shipping F-150 Raptors, Mustang muscle cars, Michigan-built Bronco SUVs and Kentucky-made Lincoln Navigators to China, The Wall Street Journal reported Friday, citing people familiar with the matter. China's retaliatory measures in response to U.S. import taxes have raised duties on those vehicles as high as 150%, WSJ said. How does the automotive supply chain work? 'We have adjusted exports from the U.S. to China in light of the current tariffs,' a Ford spokesperson confirmed in an email to NewsNation, but it did not say which models were affected. Last year, Ford reportedly shipped about 5,500 Broncos, F-150s, Mustangs and Navigators to China. However, that's well below the annual average of more than 20,000 vehicle exports to China over the past decade, WSJ noted. Is there a car loan bubble? Here's what to know Ford's decision is one of the first tangible signs of a U.S. automaker adjusting its operations in the wake of Trump's trade war — a battle that's expected to raise costs for manufacturers and car shoppers alike. A recent analysis by the Center for Automotive Research found that Trump's 25% tariffs on auto imports will escalate costs for all U.S. automakers by about $108 billion in 2025. Automakers are also navigating tariffs on steel and aluminum imports of at least 25%. Earlier this week, Trump hinted that he might relieve the auto industry from 'permanent' tariffs but offered few details. The president insists his trade war will bring manufacturing jobs back to the U.S., but experts fear the economic uncertainty will deter companies from making long-term investments. Ford also exports U.S.-built engines and transmissions to China, and those shipments have continued, WSJ said. The company is better positioned than most to weather the tariff storm, as it produces about 80% of its U.S.-sold vehicles domestically, according to Reuters. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
18-04-2025
- Automotive
- Yahoo
Ford halts shipments of vehicles to China amid tariffs
(Reuters) -Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%. "We have adjusted exports from the U.S. to China in light of the current tariffs," Ford said in a statement. The company this week halted shipments of its F-150 Raptors, Mustangs and Michigan-built Bronco SUVs as well as Kentucky-made Lincoln Navigators to China. The development comes as U.S. automakers scramble to find ways to tackle President Donald Trump's on-again, off-again tariffs, which are expected to dent profits of carmakers and parts suppliers likewise. The Wall Street Journal was first to report on the halt, citing people familiar with the matter. Ford's exports of U.S.-built engines and transmissions to China are expected to continue despite the pause on exports of assembled vehicles. Its Lincoln Nautilus model, which is manufactured in China, is also expected to have continued shipments, despite heavy tariffs. Ford is among the best-placed automakers to weather tariffs, as it produces about 80% of its U.S.-sold vehicles domestically. Still, the automaker is expected to raise prices of its new vehicles if tariffs continue, according to an internal memo sent to dealers that was seen by Reuters. An analysis by the Center for Automotive Research published earlier this month said that Trump's 25% tariffs on automotive imports will escalate costs for automakers by about $108 billion in 2025. Trump earlier this week floated the idea that he was considering a modification to the auto-related tariffs, indicating he might allow exemptions on existing levies.
