Macro Finance
Ford CEO says it's 'too late' for Europe to fend off Chinese automakers, but not for U.S.
CNBC Business·September 30, 2026·1 min read
Ford CEO Jim Farley said it is 'too late' for Europe to fend off Chinese automakers, but not for the U.S. His warning follows a visit last week by Chinese President Xi Jinping with President Donald Trump. Farley's comments highlight growing competitive pressure from Chinese EV makers on global markets.
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