Ford Motor Company (NYSE:F) said a late-2025 tariff change cut profit by about $1 billion even as it launched a Europe JV with Geely to run Valencia and build Kuga, Bronco and new EV/crossover models from 2028, won a Jefferies upgrade and joined a nationwide skilled-trades coalition.

Previous Week Recap

  • Tariff Change Cuts Profit: Ford (F) told investors a late‑2025 tariff policy change cut profit by about $1 billion versus prior expectations.
  • Europe JV With Geely Formed: Ford (F) and Geely formed a Europe JV: Ford 66%, Geely 34%. JV to run Valencia plant, start operations H1 2027, vehicle output from 2028: Kuga, Bronco, two Geely EVs, joint crossover.
  • Crossover EV JV Production 2028: Ford (F) formed a joint venture to build a crossover SUV with fully electric, plug‑in hybrid and extended‑range electric options. Production is slated to begin in 2028.
  • Jefferies Upgrades Ford To Buy: Jefferies upgraded Ford Motor Company (F) from Hold to Buy and raised its price target on the stock to $17.50 per share from $14.50.
  • Ford Expands Skilled-Trade Training: Ford (F) joined a coalition to expand skilled-trades training, scale apprenticeships and pre-apprenticeships, and track progress across 30 states to boost its skilled-worker pipeline.

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.