** 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%
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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