Ford Earnings Miss Analyst Forecasts with The Car Coach®, Lauren Fix

Ford Earnings Miss Analyst Forecasts with The Car Coach®, Lauren Fix

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00:00
so let's talk it all into perspective the car coaches Lauren thick's she is with me now we could dispense pretty quickly with Ford's results exciting no no but they're gonna still sell the f-150 like crazy it's been the best-selling vehicle across the boards for 38 years no it looks tonight as if the Auto tariffs against Europe are off the agenda yes good news obviously from Europe but we saw GM and Fiat Chrysler both warning
00:31
about the effects of these tariffs right because they're fearing right now that if they if we double the tariffs then the EU will double the tariff and all that is just gonna cost us more for the cars but you're gonna remember President Trump is not playing a political game that we've always played in the past he's playing a business game and that's not what all of us are used to we're used to the politics and and I'm not an expert on politics I'm an expert in automotive right so I will stick with the automotive area sue okay so what you're gonna see is the EU is gonna bend and they're gonna eventually go you
01:02
don't we're gonna do 0 for 0 that means they're gonna have to eliminate that chicken tax which has been around since the 30s really interesting because Mercedes brings in vehicles they assemble them completely in Europe they disassemble and put on pallets they're marked they come to South Carolina reassemble and then sold that's ridiculous that's an expense that Mercedes takes up Freightliner as well so when you're starting to see that that if that goes aside things your shipping in vehicles that are assembled but how realistic is it to go to zero tariffs
01:32
automotive or automotives I think it's a possibility I think it's about all the ones that are possible I know they're talking about soybeans all the other things I think automotive is very likely and if that happens the EU needs it too cuz you got Jaguar Land Rover and Mini Cooper are built there and they're rolls-royce and Bentley and the last one who will Bend is gonna be China they're gonna wait till every single brand every single manufacturer makes a deal then they'll go good to see you good to see you as well thank you for coming in anytime

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