www.foxbusiness.com
Ford CEO Jim Farley praises the Trump administration’s plan to make cars more affordable by rolling back stricter fuel-economy standards. Farley claims the previous standards forced manufacturers to prioritize EVs, limiting consumer choice and increasing car prices. He believes the changes will allow Ford to offer more affordable models and launch new, American-built vehicles. Trump argues the previous rules pushed expensive cars that didn’t work as well, labeling it a “green new scam.” Farley anticipates car prices will fall due to adjusted tariffs and fuel economy standards, enabling Ford to build vehicles that meet consumer demand for affordability. He highlights Ford’s affordable range saw a rise in sales.
