'An existential threat': How a trip to China humbled Ford's executives
Jim, this is nothing like before…these guys are ahead of us.”It’s a statement that’s put the entire western automotive industry on notice. According to the Wall Street Journal, those were the words uttered by Ford’s CFO John Lawler to CEO John Farley as the pair test drove an electric vehicle on a trip to China last year.
Ford chief Jim Farley has sounded the alarm on the increasing sophistication of the Chinese auto industry – but he’s got a ...
Most global automakers, unable to match or catch up with China’s rapid shift to electrified vehicles, and losing market share ...
Jim Farley says that Ford and other American automakers now face their greatest challenge as Chinese EVs take over markets ...
This includes America’s Ford and General Motors Co. (NYSE: GM), which have ruled the U.S. market for over a century. As Farley toured China and examined autos made by local giant BYD ...
Canoo's suspension of guidance and negative preannouncement underscore the travails faced by EV startups amid a tough ...
The Ridgecrest Police Department and Kern County Fire work the scene of an accident at South China Lake Boulevard and South ...
Jim Farley had just returned from China. What the Ford Motor chief executive found during the May visit made him anxious: The local automakers were pulling away in the electric-vehicle race.
In a call with Wall Street analysts in February, Ford CEO Jim Farley and Chief Financial Officer John Lawler detailed the ...
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