thank you very much phil lebeau. what are we going to get from ford. a lot of talk about tariffs. no. >> there will be some discussion. >> i'm sure. >> ford will have some discussion. during the analyst call about tariffs the potential. >> impact of them. >> first we're going to get the q4 results. and we get those. shortly after the closing bell. and we're expecting. >> or the street is. >> expecting earnings. >> per share of. >> $0.33 a share. lower warranty costs. >> that's one of the questions. >> that's out there. >> that has really been a drag over the. >> last several quarters. >> have they shown improvement in that area? and then, of course, there's the guidance for 2025. >> as you. >> take a look. >> at shares. >> of ford. keep in mind that when you talk about tariffs. they get roughly speaking i think about 12% of. >> the vehicles they sell in the u.s. are built. >> in. >> mexico, far lower. >> exposure than gm and stellantis, or 15% built in mexico. >> still, it. >> would be an impact if they're ever put in place. >> lots to discuss with jim

phil lebeau joins us now to tell us what's driving that move. xpansion a potential expansion in. >> terms of sales for its. >> electric delivery vans. remember the electric delivery van, one of. >> the. >> primary vehicles built by rivian. has been. >> only. >> delivered to. >> amazon up until now. the company. they worked. >> out this agreement with amazon about a year ago, but now they're. >> officially expanding. >> it to other companies. >> no sales to announce yet, but. >> given the. >> success that they've had with amazon. >> don't be surprised. >> if we see. >> other companies. >> saying, yeah, we want. >> these delivery. >> vans as well. perfect for areas. >> with a geo fenced designated. route where. >> you can. >> go. >> back and. >> charge overnight deliveries. last year, up just 2.9% and the majority of these were the r1s the suv and. >> the r1t. >> the pickup truck. but there's an estimate that about 14. >> or 15,000 were. >> probably electric delivery vans as well. they build these at the same facility. >> as they build both the r1.

earnings alert here on for shares of the automaker tanking despite a beat on the top and bottom line, phil lebeau spoke with ceo jim farley after results. he joins us now for all the highlights phil. >> and melissa, we'll hear from jim farley. >> in. >> just a bit. the pressure. >> that you're. >> seeing on ford shares it's mainly because of the guidance for 2025. well below what the street was expecting in terms of a performance in the fourth quarter for the three primary businesses. remember, they break it out by internal combustion engines versus evs versus commercial vehicles. and once again. >> it's the ice. >> and. >> the. >> commercial vehicles. >> that are. >> carrying the water for ford. >> profitable. >> solidly profitable ev losses of $1.38 billion. that works out to a little over 37,000 per ev sold in the fourth quarter. but the guidance as you take a look at shares of ford, the guidance is the issue. they're forecasting a profit. >> of 7 to $8.5. >> billion in 2025. they made 10.2. this year. analysts were expecting more. the conference call has just begun. no doubt that will be a fo

let's ask ceo barry biffle, who joins us now alongside our very own phil lebeau. phil. >> thank you, kelly berry. >> we'll get to the. >> fruit of. the spirit question in. >> just a bit. >> but with. >> regard to. >> q4 and your. >> outlook going into. >> 2025, do you think like. >> your. >> efforts. >> your efforts. right now? >> do you. >> feel like. they are taking hold in. terms of adding premium offerings? >> yeah, absolutely. you know. >> i think if you. >> look at the fourth quarter, you can see the network maturity for the things that we did last year in the summer are starting to improve, but also the new frontier and then the premiumization. and the focus on loyalty is starting to take effect as well. and that's enabled us to, to really exceed our expectations in the fourth quarter. >> all right. let's talk about spirit. you you. >> made. >> one run at them about two years ago. we know how that ended. and now you're coming back again. they're in bankruptcy right now. they've rejected your latest offer. how long. >> do you continue. >> with this and give u

phil lebeau is with us this morning who's been going through all of this over the weekend.i'm so curious what folks in detroit are talking about right now, phil. >> they're talking about how they can limit the impact of these tariffs, not only in terms of finished automobiles, but also with auto parts. and we'll talk about that in a little bit. let me give you some perspective in terms of how many vehicles that are sold. >> in this. >> country or were. sold last. year came from mexico and canada. and more of the production. >> two thirds of the production. of those imported. >> vehicles coming from. >> mexico, 3.72 million vehicles. now, these are vehicles. that were sold in the u.s, 16% built in mexico, 7% built in canada. >> which raises the natural question okay, well, if the tariffs go into. >> effect, how much will the price that. >> i pay at a. >> dealership change? it's hard to know. >> because it's hard. >> to. >> know how. >> much of this will be. >> eaten by the. >> companies, passed. >> along. >> to consumers, adjusted. >> because of shifted production. >> but s&

lebeau. appreciate it as always. phil. thank you. phil lebeau advocating for the return of the sedan.k. our shoppers in china dumping american brands. they may be. and it might have an impact on your money. we'll connect the dots next. >> in the world of investing, a beast lurks between the numbers. some watch from the safety of the sidelines, but others saddle up and ride that one ton rowdy ribeye for all he's got. if that's you, join us on tasty treat, named best online broker for options trading. genius loves company. sometimes it feels like the wild west out there. in uncertain times. like these, people are spurred towards the stability and security of owning physical gold. this rarely offered $25. eagle is the lowest minted gold coin produced by the united states mint, making this superb piece your golden opportunity to acquire low minted united states gold coins at the best price of only $1,499. these beautiful $25 eagles are minted from one half ounce of pure gold that is mined here in the united states, and our government, guaranteed for weight and purity. featuring exquisite

our phil lebeau has been tracking the action. hese european sales phil. >> yeah. >> and the thing. >> to. >> keep in mind, carl, is. >> that this is just. >> one month january. and these are deliveries in different countries. in europe. >> now collectively. >> when you. >> look at the percentage declines here, you'll sit there and say, oh my goodness, nobody's. >> buying a tesla anymore. >> in europe. keep in mind it is one month. these are small numbers. >> nonetheless, it. >> is getting a fair amount of attention. it has people saying, well, if they're not buying tesla, what's the reason that they're not buying tesla? it could be a number of factors. remember, the new model y is going to be coming out. could be people waiting for that. could be people who are seeing greater competition. looking at perhaps a chinese ev, the german automakers, their ev sales were up. that's why when you take a look at tesla versus byd, the fact that tesla is facing stiffer competition in germany and not just germany, all of europe, they're facing

phil lebeau. so how do we digest? we saw the reactions initially right when it was revealed that there might be tariffs. and we saw all of them sell off very sharply. >> yeah. you know and this. >> goes to. >> ken griffin's exactly what ken griffin was saying that this sort of, you know, chaotic situation isn't good for ceos. it isn't right for just this reason. i mean, the first thing i thought, though, i mean, good, that was a bold statement from ford. and i thought, oh, this is good for mary barra. she doesn't need to be the one in the crosshairs. she's feeling the same. i'm sure it's just as chaotic. >> but she said. >> that she could mitigate up to 50% of the tariff headwind. so i. don't think she's in the same position. >> they've outperformed. >> maybe not. >> they've outperformed ford. >> and i think i think that farley, to a certain extent, is using this as a kitchen sink approach. he's underperformed gm for quite some time right now. his ev strategy was nonexistent. mary barra has knocked the. >> cover off.

phil lebeau joins us with all the details. , phil. >> hi, courtney. >> let's start. >> first off with the. >> sales in china, which were not good in the. >> month of. >> january for. tesla in. comparison to their competitors, they. >> were really not good. tesla down 11.5%. byd up 47.5. keep in mind. >> byd sells. >> not only electric vehicles. but a larger percentage of their sales are hybrid vehicles. nonetheless, they were up. >> 47.5% in. >> terms of the global ev sales race. yes, tesla. was number one. last year. not by a lot, but. >> still number one over byd. >> number three, way back at 880,000 is general motors. tesla also got some bad news yesterday. in terms of auto sales coming out of europe, in. particular germany. they were down 59%. >> in january. >> and as i said yesterday. >> courtney. >> one month does not. >> make a trend. >> but take all these numbers together. and it clearly shows that there may be a number of factors at play here, including the fact that some buyers might be waiting for the refreshed model

phil lebeau brings us the latest on how tariffs might hit the automakers.partsinevelos looks ahead to nxpi earnings out in overtime today. plus 314 research is warren pies downgrading equities. he will explain why in just a moment. but first bell autos pretty much right in the crosshairs. >> here they are. and we're not going to talk about mexico because that's at least delayed for a month. let's talk about canada while we wait to see whether or not the tariffs actually go into effect after midnight. canada is where the united states, if you look at all the vehicles sold in this country last year, more than 1.1 million of them came from assembly plants in canada. that's roughly 7.1% of the vehicles sold in this country last year. and don't forget about the parts and components. more than 12% of the parts that go into vehicles built in the u.s. were actually manufactured in canada. so if there are tariffs that are put in place, those parts and components would face those tariffs. not surprisingly, the auto stocks under pressure for most of the day, they did

phil lebeau has that story.says you come to the fork in the road, you take. >> it. >> you take it. >> squawk box will be right back. >> time now for today's aflac trivia question. on this day in 1997, the dow jones industrial average closed above what level for the very first time. the for the very first time. the answer when squawk box prime, it's me. i mean, you. wake up, come on man! you gotta tell employers to take another look at all the benefits they're offering. everybody wants to build the best team and offering aflac can help attract and retain that top talent. you know we like that top talent. and listen, i mean you gotta listen. aflac gives employees cash to help with unexpected medical bills. it's prime time to add aflac. request a call today at aflac.com/prime carl: believe me, when it comes to investing, you'll love carl's way. take a left here please. driver: but there's a... carl's way is the best way. client: is it? at schwab, how i choose to invest is up to me. driver: exactly! i can invest and