Ford CEO Jim Farley flags concerning behavior from new car buyers
Ford noticed a trend among new car buyers amid rising prices.
Ford (F) decided Monday to suspend its guidance for the year due to the uncertainty around tariffs.
The U.S. auto manufacturer praised President Donald Trump's tariffs, saying it "supports the administration's goal to strengthen the U.S. economy by growing manufacturing." However, it also said it expects tariffs to eat $1.5 billion of its EBITDA this year.
