Ford Motor (F) Stock

Donald Trump's proposal to impose a 25% tax on imports from Mexico and Canada may negatively impact U.S. automakers, particularly General Motors. This could lead to higher prices for SUVs and pickup trucks for American buyers.

On Wednesday, Germany's IG Metall union criticized Ford's plans to reduce thousands of jobs, arguing that this restructuring would lead to a gradual decline of the company's production facility in Cologne.

Ford Motor (F) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

The auto industry is facing challenges today following President-Elect Donald Trump's announcement of new tariff plans. These plans include a 25% tariff on products from Mexico and Canada, which is higher than the previously suggested general tariff of up to 20% on all imports.

The president-elect plans to quickly fulfill his campaign promise by announcing a 25% tax on Mexico and Canada on his first day in office. He intends to take action right away.

Users of Zacks.com have been paying a lot of attention to Ford Motor (F) lately. Therefore, it's important to understand the factors that could influence the future of the stock.

Ford F plans to cut about 4,000 jobs in Europe, which is around 14% of its workforce in the region, due to low demand for electric vehicles, lack of government support for the EV shift, and competition from Chinese car manufacturers that receive subsidies. These layoffs will affect mainly Germany and the U.K., with 2,900 jobs lost in Germany and 800 in the U.K. Overall, this represents 2.3% of Ford's total global workforce of 174,000 employees.

After years of investing heavily in electric and self-driving cars, car manufacturers are beginning to cut back. Launching a new vehicle or updating existing ones requires a large amount of money, which affects the entire global supply chain.

Ford Motor Co. announced that the European Union's "CO2 regulations" played a role in their choice to reduce their workforce in Europe by 14% by 2027.