Ford CEO Urges US Caution on Chinese Autos
Ford CEO Jim Farley stated that the United States must carefully evaluate Chinese automakers entering the market and warned that Europe reacted too late. Farley noted that Ford plans to both partner and compete directly with Chinese firms.
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FORD MOTOR CO CEO Jim Farley warned on Tuesday afternoon that the United States must carefully evaluate Chinese automaker expansion, pointing to China as an existential threat. Farley stated that European markets are already too saturated with imported vehicles to halt the trend.
