FORD JUST KILLED The Car Market With Latest Announcement

Ford's CEO Jim Farley is out of his mind with this recent news.

Ford CEO Jim Farley just sold out to China and this is going to make a lot of Ford loyalists ditch the iconic American brand.

[robertward]

The narcissism and greed of the auto industry played itself...

[mattm]

These companies all looked at Tesla and thought they could replicate it. The mistake they made is that a Ford buyer is not a Tesla buyer.

[dave]

If his love is a cheap Chinese EV, then Ford is done.
It’s like going to a restaurant and the chef is eating carry out from another restaurant.

[northerntraveller]

All garbage vehicles anymore. Don't worry about quality or reliability, we want your money!!

[suzrmx]

EVs aren't going to tank Ford the high ass prices on the regular vehicles is doing the job just fine

[walterrogers]

Why has the board of directors not remove this guy? He is going to drive Ford into the ground

[MichiganUSASingaporeSEAsia]

This CEO is an idiot and taking Ford down the road. I keep hearing dumb things he’s doing

[waynehazen]

Shame on Ford, Farley and the board of directors. After 50 years of being a loyal Ford customer i am done. Farley says cars are boring- real nice comment from the CEO.

[lifechanging]

Here in Canada, Dark horse Mustangs are Close to 100, 000 dollars .
And a regular GT is over 55000 …. Crazy town

[cwqrpportable]

If EVERYTHING is a five alarm fire, then NOTHING is a five alarm fire.

[Ford.]

As long as folks pay the price, the price will stay insane.

[andrewschris]

80000 dollar golf carts😮 they can keep em.

[mikesaunders]

I'm a Ford shareholder. Time for Farley to go!

[bluepittbulldg]

How can you have all EV's when the government can't keep the power on when the wind blows ?

[RG-ctqz]

It's called transitioning to China.

The shift has been going on for decades. About to get finalized.

[HalfBackCrack]

Jeez, the car market has been killed like 3000 times over the past 2 years. LOL

[billvilla]

Jim Farley is the Chris Farley of auto executives! He is a joke and ruining Ford.

[bobgrob]

I remember the story where the guy charges up the Lightening, loads the family up, hooks up the boat and they are going on vacation. They made it 85 miles and were out of juice.

[chendi]

People quote his Xiaomi comment out of context. He did say he likes the car, but he also said a lot of things people didn't pay attention to. He just doesn't want what happened to Detroit repeat. The ignorance is what killed Detroit car industry and if you think the tarrif is going to stop the Chinese auto maker, you are naive. For those who don't know the car competition landscape outside US, this is the iPhone moment where EV is the iPhone and Ford is like the Nokia. Ford can still do well without enbracing EV for the next 5 years and he as CEO can get pretty decent salary, but Ford will eventually disappear as battery technology is improving at rate fule conbustion engineer can never imagine.

[harrycanyon]

Don't forget about battery degradation.