Goldman Sachs Cuts Auto Sales Forecast, Downgrades Ford’s Stock

Goldman Sachs has adjusted its automobile sales forecast for 2025, predicting a decrease of nearly one million units due to increased costs stemming from tariffs. The bank anticipates these tariffs will boost vehicle prices in the U.S. by $2,000 to $4,000 over the next six to twelve months, potentially impacting consumer demand. As a result, automakers face challenges in passing on these costs to customers. sequently, Goldman Sachs downgraded Ford’s stock rating from ‘buy’ to ‘neutral’, citing intensified global competition and weakening consumer interest.