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Ford CEO Jim Farley Parley Resetset Reset Reset Reset cheap conditions for cheap cars

The CEO of Ford Motor Co is being targeted by the Trump Administration’s plan to make affordable cars, as he expressed his praise for helping to bring car prices down.

“What you need to know is that this is a victory for available money and common sense. As the President said, we will be able to offer new cars shared with our popular models, and we will be able to offer new cars that can be built thanks to this system Change,” Ford CEO Jim Farley on Thursday.

“Honestly, [the Corporate Average Fuel Economy] it was completely out of touch with market reality. We were forced to sell the EVS and other vehicles. We go back to the gas-guzzlers, he continued. We have a lot of EVS and a lot of interest in Ford, but now customers get to choose what they want. “

His remarks took place less than a day after Parley joined President Donald Trump in the Oval Office with an announcement to reset the levels of unemployment under the previous administration – it means moving millions of people who will keep “American families.”

Sticker postings are driving buyers out of the new car market as the available problems deepen

“People have gone crazy. This is a new green scam. ‘ And people were paying a lot for a car that didn’t work well. And now they will have a very good car, but it will cost you more than cars, “says a good impression on cars.

Ford CEO Jim Farley (Center) speaks with President Donald Trump as Trump announces changes to US gasoline standards at the aval office on December 3, 2025, in Washington, DC (Pet Pictures)

Corporate averate economy, or cafe standards, first issued in 1975, are government regulations for standard fuel performance of motor vehicles that aim to reduce emissions.

Trump rolled back aggressive standards that put aggressive administrations under his first term in office, with former President Joe Biden resetting and strengthening cafe standards under his administration.

Under the Biden administration, federal regulators have increased economic requirements by 82% for the years 2024 to 2026.

The White House previously told FOX News Digital that the Biden-Era regulations will increase the average new car by about $1,000, if the replacement law will save 109 billion American families.

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“I think that the combination of other changes in tax rates and these, basically, fuel economy standards are more reasonable for the market, you will start to see prices continue to fall,” signed Farley.

“I think you will see an influx at the end of this year and in the first half of next year, car prices will go down,” he stressed. “Basically we can build, in fact, what America wants, and what America wants is affordable cars. You know, our affordable market in November wanted to buy it.”

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FOX Business’ Emma Colton contributed to this report.

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