In an interview with Fox News, Jim Farley said that allowing Chinese brands into the American market would be “devastating for the country,” Carscoops reports.
Farley said Chinese automakers such as BYD and Xiaomi have huge government backing, allowing them to charge prices that American companies won’t be able to compete with. “This is not a fair fight,” the head of Ford emphasized.
Farley is particularly concerned that Chinese cars are already close to US borders. In Mexico, where their sale is allowed, BYD is building factories. Canada has also opened up the market, and Stellantis is considering assembling Chinese Leapmotor electric vehicles at a former Jeep plant. So far, Chinese cars have been kept out of the U.S. due to 100 percent tariffs, but Farley says that could change at any moment.
In addition to the economic threat, the head of Ford pointed to the risks associated with data collection. Modern cars are equipped with many cameras and sensors – up to 10 cameras per car. Where this data goes and who has access to it raises serious questions among US lawmakers.
“I really hope we don’t allow them to cross the border,” Farley concluded.
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