Market Chatter: Ford Motor Raises Concerns Over US Tax Reform Bill-February 2024-www.financetom.com

Market Chatter: Ford Motor Raises Concerns Over US Tax Reform Bill

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Market Chatter: Ford Motor Raises Concerns Over US Tax Reform Bill

May 30, 2025 4:21 AM

07:02 AM EDT, 05/30/2025 (MT Newswires) -- Ford Motor ( F ) raised concerns over the potential for the US government to eliminate tax credits that support the production of electric vehicle batteries using Chinese technology, Reuters reported Thursday, citing the automaker's Executive Chair Bill Ford as saying at a policy conference.

"If it doesn't stay, it will imperil what we do in Marshall," the report added, citing Ford. "We made a certain investment based upon a policy that was in place. It's not fair to change policies after all the expenditure has been made."

The automobile giant's estimated $3 billion investment in a Marshall, Michigan, factory would be at risk if the tax credits are eliminated, the media outlet said.

Ford did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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