According to Ford CEO Jim Farley, the risk to nearly one million American jobs is too great to allow the import of Chinese vehicles. In an interview, Farley spoke with Fox News about rising car prices and global competition, telling Brian Kilmeade that China’s excess production capacity is so large that it could easily absorb about 16 million new vehicles sold in the U.S., with room to spare.
“First of all, the Chinese have huge direct support for their auto companies,” Farley said, while China has the capacity to make 21 million additional vehicles per year on top of the 29 million that are expected to roll off Chinese production lines in 2026. “They have enough capacity in China to cover all the manufacturing, all the vehicle sales in the United States,” Farley said.
“Manufacturing is the heart and soul of our country, and for us to lose those exports would be devastating to our country,” he continued, before pointing to cybersecurity concerns about Chinese cars. “There are 10 cameras in all the vehicles. They can collect a lot of data,” he said.
Farley has praised Chinese EVs like the Xiaomi SU7, even praising it on a podcast. But he believes Ford’s upcoming affordable Kentucky-built EVs, which will start arriving at dealerships next year, have what it takes to be competitive. Asked about the average 2 percent increase in new car prices last year, Farley repeatedly said Ford had “worked with the administration” so that the Trump tariffs “don’t necessarily have a huge impact.” The CEO justified the rising costs by pointing to F-150 sales as proof of its value.
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