{"id":24027,"date":"2025-05-07T18:42:24","date_gmt":"2025-05-07T18:42:24","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/ford-hiking-prices-on-3-vehicle-models-as-auto-industry-tariffs-hit-home\/"},"modified":"2025-05-07T18:42:24","modified_gmt":"2025-05-07T18:42:24","slug":"ford-hiking-prices-on-3-vehicle-models-as-auto-industry-tariffs-hit-home","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/ford-hiking-prices-on-3-vehicle-models-as-auto-industry-tariffs-hit-home\/","title":{"rendered":"Ford hiking prices on 3 vehicle models as auto industry tariffs hit home"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"ford-says-it-expects-a-1-5-billion-hit-from-tariffs-this-year--hero\" title=\"Video: Ford says it expects a $1.5 billion hit from tariffs this year\" data-sort-time=\"1746540682000\" data-update-time=\"1746540682000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/detroit\/video\/ford-says-it-expects-a-1-5-billion-hit-from-tariffs-this-year\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Ford says it expects a $1.5 billion hit from tariffs this year<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">00:32<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>Ford Motor on Wednesday said <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/ford-tariffs-raise-prices-summer-2025\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">it is raising prices<\/a><\/span> on three models produced in Mexico, pointing to higher U.S. tariffs on imported vehicles as one reason for the adjustment.\u00a0<\/p>\n<p>The vehicles subject to the price increases of up to $2,000 per model include the Maverick, Bronco Sport and Mach-E, Ford said in a statement to CBS News.\u00a0<\/p>\n<p>The price hikes apply only to imported vehicles that were built after May 2. Those models are expected to arrive dealership lots in late June. Ford noted that cars that have already been shipped and that are currently on dealer lots are not subject to the price hikes.\u00a0<\/p>\n<p>Ford also said the price increases are a result of &#8220;our usual mid-year pricing actions combined with tariffs we are facing.&#8221;<\/p>\n<p>Reuters was first to report Ford&#8217;s price changes. \u00a0<\/p>\n<p>The Trump administration in March <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-auto-tariffs-gm-ford-stellantis-car-prices\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">imposed a 25% tariff <\/a><\/span>on vehicles assembled abroad. Ford said it is shouldering some tariff-related costs and has not passed all of the burden onto its customers. The U.S. imports roughly 8 million vehicles annually.\u00a0<\/p>\n<p>Ford on Monday said it expects to take a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/detroit\/news\/ford-expects-1-5-billion-hit-from-tariffs-this-year\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">$1.5 billion hit <\/a><\/span>\u00a0to its operating profit from\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-automakers-gm-ford-stellantis-aluminum-steel\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">tariffs<\/a><\/span>\u00a0this year. The Detroit automaker also withdrew its full-year financial guidance because of mounting economic uncertainty created by the Trump administration&#8217;s trade policies.\u00a0<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/megan-cerullo\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Megan  Cerullo<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24\/7 to discuss her reporting.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/ford-trump-tariffs-price-hikes-mexico\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford says it expects a $1.5 billion hit from tariffs this year Ford says it expects a $1.5 billion hit<\/p>\n","protected":false},"author":1,"featured_media":24028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[1239,413,799],"class_list":["post-24027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-ford","tag-mexico","tag-tariffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ford hiking prices on 3 vehicle models as auto industry tariffs hit home - World News<\/title>\n<meta name=\"description\" content=\"Ford Motor cites higher U.S. tariffs as one reason why the automaker is raising prices for three of its cars.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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