Ford says it expects a $1.5 billion hit from tariffs this year 00:32. Ford Motor on Wednesday said it is raising prices on three models produced in Mexico, pointing to higher U.S.

It’s earnings season, and automakers are warning investors about the impact tariffs will have on vehicle pricing. As first reported by Reuters, the cost of Ford's Mustang Mach-E, Ford’s electric SUV,

Analysts have warned that automakers won’t be able to absorb all of the costs created by tariffs, and it will result in price increases for U.S. consumers.