Report
Ford CEO Jim Farley says it’s ‘too late’ for Europe to fend off Chinese automakers, but not the US
CNBC reports that Farley’s warning followed a high-profile visit involving Chinese President Xi Jinping and President Donald Trump the previous week.
TLDR
CNBC reports that Ford CEO Jim Farley said Europe is ‘too late’ to fend off Chinese automakers, but the US is not. The warning followed a high-profile visit involving Xi Jinping and Donald Trump, according to CNBC.
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