Ford Motor Company (NYSE:F) shares were indicated to open 2.5% lower Tuesday after the car giant scrapped its full-year guidance, citing growing uncertainty over President Trump’s proposed auto tariffs.
The move follows similar warnings from GM and Chrysler owner Stellantis, both of which flagged heavy hits to 2025 earnings from the new trade policy.
Ford posted a stronger-than-expected first quarter, with revenue of $40.7 billion and adjusted EBIT of $1 billion, easily topping analyst forecasts.
But the good news was overshadowed by warnings that auto and parts tariffs could knock $1.5 billion off 2025 earnings. Ford said the scope and impact of the measures made forecasting too difficult.
The company added that supply chain disruptions, retaliatory tariffs and shifting policy on taxes and emissions created further uncertainty.
Ford noted it remains relatively shielded from vehicle tariffs, as 80% of US sales are built domestically, but the parts impact is real.
Ahead of the bell, the stock had been marked 25 cents lower at $9.92.