""First of all, the Chinese have huge direct support for their auto companies. They have enough capacity in China to cover all the manufacturing, all the vehicle sales in the United States.""
""Manufacturing is the heart and soul of our country, and for us to lose those exports would be devastating for our country. All the vehicles have 10 cameras. They can collect a lot of data.""
""Ford has worked with the administration so that there's essentially no big impact of the Trump tariffs. The rising costs are justified by the F-150's sales as proof of its value.""
Ford CEO Jim Farley warns that allowing imports of Chinese vehicles could jeopardize nearly a million US jobs. He highlights China's vast production capacity, which could easily meet US demand. Farley emphasizes the importance of manufacturing to the US economy and raises concerns about cybersecurity risks associated with Chinese cars. Despite praising some Chinese electric vehicles, he believes Ford's upcoming affordable EVs will be competitive. He also notes that rising car prices have been managed with the administration's support, minimizing the impact of tariffs.
Read at Ars Technica
Unable to calculate read time
Collection
[
|
...
]