Latest news with #F-series
Hindustan Times
01-08-2025
- Automotive
- Hindustan Times
Why Ford's Made-in-America Strategy Hurts It in Trump's Trade War
There is an irony in Detroit right now: The automaker most reliant on U.S. manufacturing is among the hardest hit by tariffs. Ford Motor, the second-largest American carmaker, prides itself on making most of its vehicles in the U.S. Some 80% of the cars Ford sells in the U.S. are built there, and it makes more vehicles in the U.S. than any other automaker. But the Dearborn, Mich., company said the Trump administration's latest data-vars-link-type="Manual" data-vars-anchor-text="trade deals">trade deals with Japan, the European Union and South Korea put it at a disadvantage with foreign rivals. Those deals now set a 15% tariff rate, which is lower than the 25% auto tariff that went into effect this spring. Ford faces steeper tariffs on many parts as well as higher costs for imported aluminum, which is subject to 50% duties. Ford, one of the industry's biggest users of aluminum, buys the material from U.S. suppliers who pass on a chunk of their tariff costs. Treasury Secretary Scott Bessent said in a CNBC interview that Ford's predicament is due to 'idiosyncratic' factors, as the company's F-series pickups are made with aluminum, which isn't readily available in the U.S. Bessent said the administration hopes to cut a deal with Canada to address aluminum costs in particular. 'I admire Ford,' he said. When President Trump rolled out his tariff plan in April, he railed against the tariffs other countries had imposed on U.S.-made vehicles and said his new trade policy would help restore the U.S. to be an industrial powerhouse. U.S. automakers have long complained that they struggle to compete with foreign rivals that enjoy lower labor costs, higher levels of government support and less-stringent regulations. 'For decades now, it has not been a level playing field for U.S. automakers globally, with either tariffs or trade barriers,' General Motors Chief Executive Mary Barra said earlier this year. 'So I think tariffs is one tool that the administration can use to level the playing field.' As the trade policy was rolled out, the U.S. automakers found themselves also vulnerable to the tariffs. Trump slapped duties on steel and aluminum, on automotive parts and on all imported foreign vehicles, even those made by American carmakers. 'More reason to complain' During the era of the North American Free Trade Agreement, GM, Ford and Stellantis expanded significant portions of their manufacturing capacity to Mexico and Canada. Those products became subject to tariffs. Around half of what GM sells in the U.S. it makes abroad; Ford builds most of its vehicles in the U.S. but relies heavily on imported parts. A trade deal that helps one might weaken the other. 'Ford has more reason to complain,' said Daniel Roeska, a Bernstein analyst. 'If you're now lowering tariffs and letting more cars and content flow into the U.S., that relatively disadvantages Ford more than others.' All three companies have reported big tariff costs. Ford said it paid $800 million in the second quarter. GM put its tab at $1.1 billion. Stellantis, which makes the U.S. brands Chrysler, Ram and Jeep, said tariffs shaved $350 million from its bottom line. Tesla, which builds all the vehicles it sells in the U.S. domestically and gets most parts in North America, said tariffs cost its automotive unit $200 million. When the Trump administration started striking deals with big trading partners in recent weeks, Ford executives cringed with each deal. Ford said the pacts helped its competitors, from Japan's Toyota Motor and Germany's Volkswagen to GM, which builds lower-cost Chevrolets and Buicks in South Korea. Ford said that the new 15% rate is too low to motivate competitors to move production to the U.S. 'Japan and South Korea have real advantages in labor costs, materials and currency,' the company said. 'Meanwhile, Ford is facing billions due to multiple tariffs on auto parts, steel, aluminum and more that increase our costs of building in America.' Union's response The United Auto Workers and a trade group representing Detroit's automakers have criticized Trump's move to lower tariffs. 'U.S. trade policy should push automakers to build in America, with skilled, union labor,' the UAW said. 'A flat 15% tariff doesn't accomplish that.' They have said cost advantages of building cars outside the U.S., such as weaker currency and cheaper labor, far outweigh the 15% tariff. Ford said the company's Ford Escape SUV cost roughly $5,000 more to make than a Toyota RAV4 SUV built in Japan. The new deals also could give a boost to Ford's crosstown rival, GM. Analysts estimate that the new 15% tariff on imports from South Korea will lower GM's $5 billion tariff bill this year by close to $1 billion. Ford executives said they have been in near-daily talks with administration officials, who they said have been receptive to the company's argument. 'Ford is a leading auto producer in the U.S. and the leading exporter with the most UAW workers,' Chief Executive Jim Farley said on a call with analysts. 'We're very clear with the administration.' Ford and the rest of the U.S. industry are awaiting a deal with Mexico, which accounts for a big chunk of auto-parts shipments into the U.S. Trump said Thursday that tariffs on Mexican goods would remain unchanged for 90 days as the nations negotiate a trade deal. Write to Sharon Terlep at
Mint
01-08-2025
- Automotive
- Mint
Why Ford's made-in-America strategy hurts it in Trump's trade war
There is an irony in Detroit right now: The automaker most reliant on U.S. manufacturing is among the hardest hit by tariffs. Ford Motor, the second-largest American carmaker, prides itself on making most of its vehicles in the U.S. Some 80% of the cars Ford sells in the U.S. are built there, and it makes more vehicles in the U.S. than any other automaker. But the Dearborn, Mich., company said the Trump administration's latest trade deals with Japan, the European Union and South Korea put it at a disadvantage with foreign rivals. Those deals now set a 15% tariff rate, which is lower than the 25% auto tariff that went into effect this spring. Ford faces steeper tariffs on many parts as well as higher costs for imported aluminum, which is subject to 50% duties. Ford, one of the industry's biggest users of aluminum, buys the material from U.S. suppliers who pass on a chunk of their tariff costs. Treasury Secretary Scott Bessent said in a CNBC interview that Ford's predicament is due to 'idiosyncratic" factors, as the company's F-series pickups are made with aluminum, which isn't readily available in the U.S. Bessent said the administration hopes to cut a deal with Canada to address aluminum costs in particular. 'I admire Ford," he said. When President Trump rolled out his tariff plan in April, he railed against the tariffs other countries had imposed on U.S.-made vehicles and said his new trade policy would help restore the U.S. to be an industrial powerhouse. U.S. automakers have long complained that they struggle to compete with foreign rivals that enjoy lower labor costs, higher levels of government support and less-stringent regulations. 'For decades now, it has not been a level playing field for U.S. automakers globally, with either tariffs or trade barriers," General Motors Chief Executive Mary Barra said earlier this year. 'So I think tariffs is one tool that the administration can use to level the playing field." As the trade policy was rolled out, the U.S. automakers found themselves also vulnerable to the tariffs. Trump slapped duties on steel and aluminum, on automotive parts and on all imported foreign vehicles, even those made by American carmakers. During the era of the North American Free Trade Agreement, GM, Ford and Stellantis expanded significant portions of their manufacturing capacity to Mexico and Canada. Those products became subject to tariffs. Around half of what GM sells in the U.S. it makes abroad; Ford builds most of its vehicles in the U.S. but relies heavily on imported parts. A trade deal that helps one might weaken the other. 'Ford has more reason to complain," said Daniel Roeska, a Bernstein analyst. 'If you're now lowering tariffs and letting more cars and content flow into the U.S., that relatively disadvantages Ford more than others." All three companies have reported big tariff costs. Ford said it paid $800 million in the second quarter. GM put its tab at $1.1 billion. Stellantis, which makes the U.S. brands Chrysler, Ram and Jeep, said tariffs shaved $350 million from its bottom line. Tesla, which builds all the vehicles it sells in the U.S. domestically and gets most parts in North America, said tariffs cost its automotive unit $200 million. When the Trump administration started striking deals with big trading partners in recent weeks, Ford executives cringed with each deal. Ford said the pacts helped its competitors, from Japan's Toyota Motor and Germany's Volkswagen to GM, which builds lower-cost Chevrolets and Buicks in South Korea. Ford said that the new 15% rate is too low to motivate competitors to move production to the U.S. 'Japan and South Korea have real advantages in labor costs, materials and currency," the company said. 'Meanwhile, Ford is facing billions due to multiple tariffs on auto parts, steel, aluminum and more that increase our costs of building in America." The United Auto Workers and a trade group representing Detroit's automakers have criticized Trump's move to lower tariffs. 'U.S. trade policy should push automakers to build in America, with skilled, union labor," the UAW said. 'A flat 15% tariff doesn't accomplish that." They have said cost advantages of building cars outside the U.S., such as weaker currency and cheaper labor, far outweigh the 15% tariff. Ford said the company's Ford Escape SUV cost roughly $5,000 more to make than a Toyota RAV4 SUV built in Japan. The new deals also could give a boost to Ford's crosstown rival, GM. Analysts estimate that the new 15% tariff on imports from South Korea will lower GM's $5 billion tariff bill this year by close to $1 billion. Ford executives said they have been in near-daily talks with administration officials, who they said have been receptive to the company's argument. 'Ford is a leading auto producer in the U.S. and the leading exporter with the most UAW workers," Chief Executive Jim Farley said on a call with analysts. 'We're very clear with the administration." Ford and the rest of the U.S. industry are awaiting a deal with Mexico, which accounts for a big chunk of auto-parts shipments into the U.S. Trump said Thursday that tariffs on Mexican goods would remain unchanged for 90 days as the nations negotiate a trade deal. Write to Sharon Terlep at
GSM Arena
29-07-2025
- GSM Arena
The Samsung Galaxy F36 is now available in India
The Samsung Galaxy F36, which was unveiled a couple of weeks ago, is now available in India. Like its F-series siblings, this model was designed and made in India and can be yours for ₹17,500. Samsung Galaxy F36 There are three models to consider, 6/128GB, 8/128GB and 8/256GB, and three colors: Coral Red, Luxe Violet and Onyx Black. The base 6/128GB model is ₹17,500, the 8/128GB one goes for ₹19,000. The 8/256GB variant is not available yet. Samsung India just shows a 'Get stock alert button', meanwhile partner Flipkart doesn't even list it as an option. Three vegan leather color options for the back, GG Victus+ for the front Do have a look at the stores as there are offers like 5% cashback, no cost EMI and more. Flipkart is advertising effective prices as low as ₹16,000. The first deliveries are scheduled to arrive by August 1. Samsung Galaxy F36 highlights A quick overview of the phone shows that it is similar to the Galaxy A26, except with vegan leather on the back instead of glass. The front is Gorilla Glass Victus+. The F36 is powered by the Exynos 1380 and has expandable storage. Also, Samsung is promising 6 years of OS updates and security patches (it comes with Android 15/One UI 7 out of the box). Samsung Galaxy F36 highlights The main camera has a larger 50MP sensor (at 1/1.96' it's not large, just larger than the 1/2.76' sensor of the A26). It's joined by an 8MP ultra-wide and 2MP macro modules on the back, plus a 13MP camera in a notch on the front. The battery situation should be familiar to owners of mid-range Samsungs – 5,000mAh capacity, 25W wired-only charging. Galaxy F36 camera with 4K video support and Night Mode, plus AI editing features Earlier this year, the F-series saw the introduction of the Galaxy F56 (Exynos 1480, 45W charging, but no microSD slot) as well as the more affordable Galaxy F16 and Galaxy F06. Source
Yahoo
23-07-2025
- Automotive
- Yahoo
Will Ford Stock Follow in GM's Footsteps and Plunge on July 30?
The Q2 earnings season hasn't treated Detroit automakers well. For instance, General Motors (GM) plunged over 8% yesterday, July 22, despite beating Q2 earnings estimates. The company disclosed a $1.1 billion hit from President Donald Trump's auto tariffs in Q2 and reiterated that it expects the annual impact to be between $4 billion and $5 billion. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Stellantis (STLA) also reported its interim results earlier this week, warning of a first-half loss of nearly $2.7 billion, blaming the tariffs and one-time charges. It was quite unusual for Stellantis to report its interim results instead of the actual earnings. However, the company attributed the surprise decision to the extreme variation in its expected earnings and Street estimates, which called for a profit during the quarter. Ford (F) is next in line to release its Q2 earnings, teed up to release its report on July 30. In this article, we'll look at Ford's Q2 earnings estimates and examine whether the stock could meet the same fate as rival GM following its confessional. Ford Q2 Earnings Preview Analysts expect Ford's Q2 revenues to fall 2% year-over-year to $43.9 billion. However, Ford had a strong quarter in terms of deliveries and reported a 14.2% quarterly rise in U.S. deliveries, which was around 10x the 1.4% increase in industry-wide sales. Its F-series trucks, which are believed to account for the bulk of its profitability, had their best second-quarter performance since 2019. Meanwhile, Ford, which previously warned of a $1.5 billion net pre-tax hit from the tariffs, is expected to report earnings per share (EPS) of $0.34 in Q2 – a year-over-year fall of 27.7%. Automakers are reeling under the impact of Trump's tariffs, and while Ford is less exposed to these tariffs than GM, which has a much higher reliance on imports, it is also facing the heat and withdrew its annual guidance during the Q1 release. What to Watch in Ford's Q2 Earnings Along with its revenue and earnings figures, I will be watching for management's commentary on the following. Quality Issues: Ford has faced frequent quality and recall issues, and most recently, it recalled around 700,000 vehicles over a fuel injector issue, which would cost it around $570 million. The 'legacy' issues related to warranties keep coming back to haunt Ford and take a toll on its profits. In its release following the recent recall, Ford said that 'the increase in recalls reflects our intensive strategy to quickly find and fix hardware and software issues and go the extra mile to help protect customers.' During the Q2 earnings call, I will be looking for more color on the recurring recall issue that not only is damaging to the brand, but also taking a toll on profits. EV Business: While sales of electric vehicles (EVs) have slowed down stateside, GM remains bullish on that segment with CEO Mary Barra terming 'profitable electric vehicle production' as the company's 'north star.' However, as things stand today, legacy automakers are a little too far from reaching EV profitability, and Ford warned of a pre-tax loss between $5 billion and $5.5 billion this year in the EV business. During the upcoming earnings call, I will watch out for any update on the company's EV strategy, especially with the EV tax credits set to expire after September. Impact from Changes to CAFE: The One Big Beautiful Bill Act has done away with penalties on automakers not meeting the emission standards. GM said that it does not expect much impact this year, terming it a 'transition year,' but said that expenses in the coming years might be lower. During Ford's Q2 earnings, I will look out for any color on the impact from the new regulations. Ford Stock Forecast Sell-side analysts are not too bullish on Ford heading into the Q2 confessional, and of the 24 analysts covering the stock, only three rate it as a 'Strong Buy.' 16 analysts rate the stock as a 'Hold,' while the remaining five as a 'Moderate Sell' or 'Strong Sell.' Ford trades above its mean target price of $10.18, while the Street-high target price of $14 is 25% higher than the July 22 closing price. Should You Buy F Stock Ahead of the Report? I believe much of the damage has already been done when it comes to Ford, and given the strong U.S. sales in the second quarter, I won't bet on the kind of post-earnings selloff that we saw with GM. That said, the Jim Farley-led company has a lot more on its plate that it needs to sort out, particularly the frustrating recalls and the related costs. Overall, while I remain invested in Ford, I don't find the current risk-reward profile attractive enough to trigger a fresh purchase given the tariff uncertainty. On the date of publication, Mohit Oberoi had a position in: F, GM. All information and data in this article is solely for informational purposes. This article was originally published on 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Hans India
22-07-2025
- Hans India
Samsung Galaxy F36 5G Launched in India with AMOLED Display, 5000mAh Battery, and 6 Years Updates
Samsung has added a new phone to its budget-friendly F-series — the Galaxy F36 5G. It's aimed at users who want solid performance, long-term software support, and useful features without spending too much. Display and Design The Galaxy F36 5G comes with a 6.7-inch Full HD+ AMOLED display with a smooth 120Hz refresh rate. It also features Vision Booster for better outdoor visibility. The phone is slim at 7.7mm and has Gorilla Glass Victus+ protection on the front. Performance and Battery The phone is powered by Samsung's Exynos 1380 processor. It comes with up to 8GB RAM and 256GB storage. It also has a vapour cooling system to reduce heat during long usage. It packs a large 5,000mAh battery with 25W fast charging, offering all-day usage with quick recharging. Camera and Smart Features The Galaxy F36 5G includes a 50MP rear camera with OIS (Optical Image Stabilisation) for steady shots. Both front and back cameras support 4K video recording. Samsung has added smart tools like: Object Eraser – Remove unwanted items from photos Image Clipper – Cut parts of images Edit Suggestions – AI-based photo editing tips Voice Focus – Reduces background noise during calls Quick Share – Fast file transfers Knox Vault – For better data security Software and Updates The phone runs on One UI 7 based on Android 15 and comes with 6 years of security patches and 6 Android OS upgrades, which is rare in this price range. Colour Options and Price The Galaxy F36 5G comes in three colours: Luxe Violet Coral Red Onyx Black Prices in India: ₹17,499 – 6GB RAM + 128GB storage ₹18,999 – 8GB RAM + 128GB storage ₹21,999 – 8GB RAM + 256GB storage Availability The phone will be available on Flipkart starting July 29, 2025.
