Home - CBSNews.com | Ford CEO says company is focusing on making vehicles more affordable

AI generated summary, Read the full article for complete information.

Ford CEO Jim Farley told CBS News that making vehicles more affordable must be a priority for both the brand and the industry, noting that the average new‑car price has risen to nearly $50,000—about 30 % higher than in 2019—and that consumers are also facing sharply higher fuel costs. He said Ford plans to offer many of its upcoming models at $40,000 or less, including more affordable versions of the F‑150 and Explorer, employee‑price sales through July 4, and low‑cost leases of $399‑$499, while stressing the need for affordable parts made in America. Farley added that the focus should be on competing with the rapidly growing Chinese auto market, which emphasizes lower‑priced vehicles, and declined to comment on specific trade‑policy measures such as the proposed EU tariff increase.

Read more: https://www.cbsnews.com/news/ford-ceo-jim-farley-auto-industry-vehicles-more-affordable/

#Ford #JimFarley #F_150 #Chineseauto #Americanmanufacturing

Ford CEO Jim Farley says company is focusing on making its vehicles more affordable

Ford CEO Jim Farley tells CBS News, "Most of our new models are going to be more affordable versions."

AI for American-Produced Cement and Concrete

Meta is continuing its long-term roadmap to help the construction industry leverage AI to produce high-quality and more sustainable concrete mixes, as well as those exclusively produced in the Unit…

Engineering at Meta

"OpenAI muốn phân loại chi phí trung tâm dữ liệu là 'sản xuất của Mỹ' để nhận trợ cấp liên bang. Công ty này đang vận động để được hưởng bảo đảm vay giống như các dự án công nghiệp lớn. #OpenAI #TrợCấpLiênBang #SảnXuấtCủaMỹ #AmericanManufacturing #FederalSubsidies"

https://www.reddit.com/r/LocalLLaMA/comments/1or08aq/openai_pushes_to_label_datacenters_as_american/

XD1 Log entries. Begin... · Not buying American anymore

A Beach Wagon and the Question of Made in the USA

Doing my homework before the purchase of a beach wagon for New Jersey shore trips turned into more than a search for wide wheels and a folding frame. It became a lesson in the economics of “Made in the USA.”

https://islandinthenet.com/beach-wagon-and-made-in-the-usa/

Ah, yes, another groundbreaking revelation: American manufacturing’s #decline isn’t unique 🌎. Apparently, following global trends is now headline-worthy 🤔. Next week: water is wet 💧.
https://blog.waldrn.com/p/what-happened-to-american-manufacturing #AmericanManufacturing #GlobalTrends #GroundbreakingRevelation #IndustryNews #WaterIsWet #HackerNews #ngated
What happened to American manufacturing is not unusual

De-industrialization has followed a similar course in every developed country

David Waldron
What happened to American manufacturing is not unusual

De-industrialization has followed a similar course in every developed country

David Waldron
ICYMI: Made in America push: Walmart introduces Grow with US to support American suppliers amid heightened focus on domestic manufacturing. https://ppc.land/made-in-america-push/ #MadeInAmerica #SupportLocal #AmericanManufacturing #Walmart #GrowWithUs
Made in America push

Walmart introduces Grow with US to support American suppliers amid heightened focus on domestic manufacturing.

PPC Land

"Study: Reshoring Institute Looks At U.S. Minimum Wage Rates

Wage rates are a critical site selection factor, and it's especially relevant for manufacturers' reshoring decisions."

March 13, 2025
Business Facilities magazine

includes information from a fellow member of the IEEE Consultants' Network of Silicon Valley, Rosemary Coates, who is Executive Director of The Reshoring Institute, a non-profit organization that provides support to companies starting, restarting, or expanding manufacturing in the United States

https://businessfacilities.com/study-reshoring-institute-looks-at-u-s-minimum-wage-rates/

#CaliforniaConsultants #AmericanManufacturing

Study: Reshoring Institute Looks At U.S. Minimum Wage Rates

Wage rates are a critical site selection factor, and it's especially relevant for manufacturers' reshoring decisions.

Business Facilities
🛠️ Ah, the utopian dream of American manufacturing #revival, where #unicorns assemble #iPhones and #elves stitch #jeans. 🤹‍♂️ Spoiler alert: it’s as easy as baking a soufflé in a tornado. 🌪️
https://www.molsonhart.com/blog/america-underestimates-the-difficulty-of-bringing-manufacturing-back #AmericanManufacturing #UtopianDream #HackerNews #ngated
America Underestimates the Difficulty of Bringing Manufacturing Back — Molson Hart

On April 2nd, 2025, our president announced major new taxes on imports from foreign countries (“tariffs”), ranging from 10% to 49%. The stated goal is to bring manufacturing back to the United States and to “make America wealthy again”. These tariffs will not work. In fact, they may even do the opp

Molson Hart