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Ford cuts 2017 profit outlook with dawn of Trump era
It sees bumpier future as president-elect translates his promises into new policies on trade, tariffs and regulation
Add BT as a preferred sourcePublished Mon, Nov 21, 2016 · 09:50 PM
Southfield, Michigan
FORD Motor Co, cutting its 2017 profit forecast for the second time in three months, said it sees a bumpier future as US President-elect Donald J Trump translates his campaign promises into new policies on trade, tariffs and regulation.
"It feels like a world that's even more volatile," Bob Shanks, Ford's chief financial officer, said in a presentation to analysts last week. The Trump administration "is going to be an opportunity for substantial change".
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