Ford CEO: Too late for Europe to stop Chinese cars
📡 CNBC Top News · 1 min read ·
Part of composite article China to EU: Restrict Our Firms, Get Ready for a Response View full article →
Ford CEO Jim Farley warns that Europe has already lost its chance to compete with Chinese automakers. He says the United States can still act, but time is running out.
Farley's warning follows a high-profile meeting last week between Chinese President Xi Jinping and President Donald Trump.