Ford falls after report Bernstein downgrades to 'underperform'

Ford's F.N shares down 3.5% premarket to $8.39 after report Bernstein turns bearish

Bernstein cuts rating to 'underperform' with tariff risk not priced in, thefly.com reports

Automaker stocks saw increasing pressure last week after China announced retaliatory tariffs

On Mon, an auto advisory firm in Detroit, Michigan forecasted U.S. and Canada auto sales could decline by nearly 2 mln vehicles this year if global trade war escalates

GM shares down ~2% before the bell at $41.60

Through Tues close, F shares down ~11% YTD, while GM shares down 20%