Ford's automotive sales up 7% to 39 billion USD.
Wholesale Volumes:
North America: +3%
Europe: Flat
Asia Pacific: -20%
South America: +23%
Middle East & Africa: -17%
Ford Q1 results infographic
Ford has come out in the open, criticizing Trump's plans to introduce 35% tariff on cars imported from Mexico. Ford CEO Mark Fields said a 35% tariff on cars and trucks imported from Mexico would hurt the entire U.S. economy.