Ford CEO warns Chinese rivals may reach US market

Ford CEO Jim Farley told employees during a July 30 town hall that Chinese automakers could start selling vehicles in the United States within the next five to 10 years. Farley and other senior executives reportedly expect any entry to be more likely toward the latter end of that window, even with current trade barriers already in place for Chinese vehicles. His comments arrive as the U.S. Senate considers expanding a ban on Chinese car sales in one of the world’s biggest and most profitable automotive markets. Farley has been outspoken about the competitiveness of Chinese EV players, naming BYD as a major force. Ford is also developing a new family of affordable EVs designed to match Chinese cost and efficiency.