Ford CEO says it’s ‘too late’ for Europe to fend off Chinese automakers, but not for U.S.

CNBC: “I think it’s just important for us to take our time to be considerate,” Farley said at the Automotive News Congress in Detroit. “I watch what’s happening in Europe right now, where that was not the case, and it’s really something that they have to deal with now, and it’s too late.”

…Farley’s comments come as Ford tries to compete against an influx of Chinese automakers entering Europe, while also attempting to partner with some Chinese companies to fill plants and assist in other technologies, such as electric vehicle batteries…

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