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Ford Exec: US Must Compete with Chinese Cars

Wall Street Journal US Business •
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Ford Executive Chairman Bill Ford stated that the U.S. auto industry must prepare to compete with China's rapidly advancing automakers, acknowledging that "we can’t expect to keep them out forever." He emphasized the need to "go toe-to-toe with China" and "beat them at their own game." These comments come as a bipartisan bill seeks to ban Chinese cars from the U.S., a measure Ford Motor has publicly supported. Chinese automakers, bolstered by significant state subsidies and technological progress, have already made substantial inroads globally. Currently, they are largely excluded from the U.S. market due to existing tariffs and national-security regulations.

Ford’s perspective suggests a shift towards embracing competition rather than outright exclusion, advocating for the U.S. industry to meet the challenge head-on. The automaker's stance highlights the growing global presence of Chinese car manufacturers and the potential future landscape of the automotive market.