Ford CEO hails Trump fuel standards reset as a 'victory' for affordability and common sense [FOX Business Network]
Ford Motor Company (F)
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Source: FOX Business Network
The CEO of Ford Motor Co. is revved up for the Trump administration's plan to make automobiles affordable, as he expressed his praise for helping to bring car prices back down. "What you should know is that this is a victory for affordability and common sense. As the president said, we will be able to offer more affordability on our popular models, and we'll be able to launch new vehicles built in America that are more affordable because of this rule change," Ford CEO Jim Farley said on "Fox & Friends" Thursday. "Frankly, [the Corporate Average Fuel Economy] was totally out of touch with the market reality. We were forced to sell EVs and other vehicles. We're not going back to gas-guzzlers," he continued. "We have a lot of EVs and a lot of hybrids at Ford, but now customers get a chance to choose what they want, not by what we force on them." His remarks came less than a day after Farley joined President Donald Trump in the Oval Office for the announcement of resetting federal
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News
- Ford November sales reveal big EV decline and surprising SUV gains [USA TODAY]USA TODAY
- Trump says he will roll back fuel efficiency standards for vehicles [MSNBC.com]MSNBC.com
- Trump rolls back Biden-era fuel economy standards, paving way for more gas-powered cars [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump Outlines Plan to Unwind Biden-Era Car Mileage Mandates [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Nissan Armada is the cheapest full-size SUV for 2026, but is it the best? [USA TODAY]USA TODAY
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- 12/3/25 - Form 4
- F's page on the SEC website