Company newsF
Explain this story: Ford CEO says it's 'too late' for Europe to fend off Chinese automakers, but not U.S.
Ford CEO Jim Farley stated it's "too late" for Europe to prevent Chinese automakers from gaining market share but that the U.S. still has time to consider its approach. His comments come as Ford navigates competition and potential partnerships with Chinese companies, including a joint venture for EV production in Europe. The CEO's warning follows expressed concerns from the Trump administration regarding Ford's ties to Chinese firms and ongoing legislative discussions about restricting Chinese automotive brands in the U.S.
OtherCNBCSector and industry: Consumer DiscretionaryAutomobilesTell me moreShow less
We have not explained this story yet. The original headline, summary and link are below.
Ford CEO Jim Farley stated it's "too late" for Europe to prevent Chinese automakers from gaining market share but that the U.S. still has time to consider its approach. His comments come as Ford navigates competition and potential partnerships with Chinese companies, including a joint venture for EV production in Europe. The CEO's warning follows expressed concerns from the Trump administration regarding Ford's ties to Chinese firms and ongoing legislative discussions about restricting Chinese automotive brands in the U.S.
Article tone: Neutral This describes the words the journalist used. It is not a prediction, and not advice.
Published Sep 29, 2026, 15:18 ET · on this site +1h 59m