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The Economic Times

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Ford CEO Jim Farley strikes cautious note on Chinese automakers, says Europe is 'too late'

Jim Farley Ford United States Europe

Ford CEO Jim Farley said that the US must carefully weigh how and whether Chinese automakers should enter the American market, and pointed to Europe as a cautionary tale.

Farley said at an Automotive News conference on Tuesday that the US must "be extremely careful around how the Chinese OEMs come to our country," and cited the pressure on Europe's auto industry as Chinese imports quickly grab market share there.

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