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Top US automakers Ford (F) and General Motors (GM) are facing possible pressures from the Trump administration over proposed tariffs that could hit auto imports from North American neighbors Mexico and Canada.
Ford CEO Jim Farley sits down with Yahoo Finance senior autos reporter Pras Subramanian at the Charlotte Motor Speedway for a conversation on the company's manufacturing outlook in response to these challenges.
"We think this will play out over the next couple of months, and Ford has the largest US Manufacturing footprint. And, so we're really encouraged about the administration's positive outlook on the auto industry and the impact on our overall economy," Farley explains, underlining the fact that the auto company is "really looking forward" to working with the new Trump administration to boost US employment.
The auto chief executive also shares Ford's outlook on electrification moves, electric vehicle adoption, and its manufacturing plans.
"We have a really exciting platform that our team in California has developed. We're now doing all the industrialization. We quoted 50% of the parts... We're we're retooling the factory soon. And, that whole new lineup of commercial and small, affordable EVs will be coming out from Ford in a couple of years."
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This post was written by Josh Lynch