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Ford's Vice Chair: Tariffs Threaten North American Automakers

4/16/2025

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Summary

Story summary

Ford's vice chair John Lawler warns that tariffs jeopardize North American automakers amid rising competition from BYD, which outsold the Big Three in Q1 2025.
BYD's sales increased by 58%, contrasting with declining Ford profits in China.
Stellantis chairman John Elkann calls for regulatory relief due to risks from U.S. tariffs and EU emissions standards.
Both companies struggle with the rapid advancements in Chinese automotive technology.

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Story summary

Ford's vice chair John Lawler warns that tariffs jeopardize North American automakers amid rising competition from BYD, which outsold the Big Three in Q1 2025.
BYD's sales increased by 58%, contrasting with declining Ford profits in China.
Stellantis chairman John Elkann calls for regulatory relief due to risks from U.S. tariffs and EU emissions standards.
Both companies struggle with the rapid advancements in Chinese automotive technology.