<ul><li>Ford Motor Co. has announced plans to raise prices on cars if tariff relief doesn't come for automakers.</li><li>In a memo to dealers, Andrew Frick, president of Ford's gas-fueled and electric car units, stated that pricing adjustments may be necessary for vehicles produced in May.</li><li>Ford is currently offering discounts across its lineup through June 2, but if prices go up on vehicles produced in May, customers may see higher prices in early July.</li><li>The U.S.'s 25% tariffs on automotive imports are expected to increase costs for U.S. automakers by approximately $108 billion in 2025, according to a study conducted by the Center for Automotive Research.</li></ul>

Ford Announces Plan to Raise Prices

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