Indonesian Political, Business & Finance News

Ford CEO warns US cannot permanently block Chinese car imports

| Source: ANTARA_ID Translated from Indonesian | Trade
Ford CEO warns US cannot permanently block Chinese car imports
Image: ANTARA_ID

Ford Motor Company Executive Chair Bill Ford has warned that the United States automotive industry cannot continue to depend on tariff policies and regulations aimed at blocking Chinese-made cars from entering the domestic market. Speaking at an Axios event in Washington, D.C., Ford said that such protection may not last forever, so industry players must prepare to face competition from Chinese manufacturers. Rather than assuming that Chinese vehicle producers’ access to the US market will remain obstructed, he said American carmakers need to develop products that can compete directly with Chinese-made vehicles. “We have to go head-to-head with China,” Ford was quoted as saying by The Wall Street Journal. “We cannot hope to keep them out forever, and we have to be able to beat them at their own game,” he said. He also conveyed the need for a more consistent, long-term industrial strategy in the US. According to him, investment in the automotive sector takes years to plan and realise, so it often does not align with shorter political cycles. “Our planning horizon is longer than the political horizon,” he said. The move is considered crucial to protect the US domestic manufacturing industry from Chinese automotive producers, which are developing very rapidly and beginning to attract Ford’s customers in overseas markets with increasingly advanced technology and competitive pricing. Although their presence in the US market is still limited, Chinese vehicle manufacturers have already influenced the company’s strategy. Ford is preparing to launch an affordable electric pickup truck that will sell for around 30,000 US dollars when it goes on sale in 2027. The vehicle will use new manufacturing techniques such as gigacasting and a simpler wiring system to reduce production costs while increasing efficiency.

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