Transportation
Ford to Raise Car Prices This Summer Unless Trump Tariffs Ease
A customer views a new Ford Pro Super Duty pickup truck at a dealership in Miami, Florida, in April.
Photographer: Eva Marie Uzcategui/BloombergThis article is for subscribers only.
Ford Motor Co. is preparing to raise prices on cars rolling off assembly lines starting next month if President Donald Trump doesn’t deliver on the tariff relief he’s hinted at for automakers.
Without a major change in Trump’s tariff policies, “we anticipate the need to make vehicle pricing adjustments in the future, which is expected to happen with May production,” Andrew Frick, president of Ford’s gas-fueled and electric car units, said Wednesday in a memo to dealers.