Automakers Are Struggling With Tariffs And EV Competition, Say Analysts

BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac's EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.

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