Ford Shifts Lincoln Production to U.S. as Tariffs Bite; GM Exits Battery JV
F sits 25% above its 52-week low of $11.11 on light trading volume (0.1× avg).
Summary
Ford is moving production of its Lincoln Nautilus SUV from China to an undisclosed U.S. plant after 52.5% tariffs made imports unprofitable. CEO Jim Farley joined a Reuters interview with Commerce Secretary Howard Lutnick to announce the shift, signaling alignment with the administration's push for domestic manufacturing. Separately, Detroit automakers estimate proposed USMCA changes—including higher U.S.-content requirements—could add $2 billion in annual costs. GM is also pulling back from EVs, selling its 50% stake in an Indiana battery JV with Samsung SDI. These moves reflect mounting tariff and trade-policy pressure on U.S. automakers' global supply chains.
At the time of this announcement, F was trading at $13.89 on NYSE in the Manufacturing sector, with a market capitalization of approximately $55.4B. The 52-week trading range was $11.11 to $17.78. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.