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Jim Farley

Jim Farley

President and CEO, Ford Motor Company

Appears in 1 story

Notable Quotes

“Today is a victory for common sense and affordability... We believe that people should be able to make a choice.”([reuters.com](https://www.reuters.com/business/autos-transportation/trump-propose-sharp-rollback-us-vehicle-fuel-economy-rules-2025-12-03/))

"I wouldn't be surprised if EV sales in the U.S. go down to 5% of the industry from the current level of roughly 10% to 12%." — on the impact of ending federal EV tax credits.([fortune.com](https://fortune.com/2025/09/30/what-happened-ev-tax-credit-ford-farley-game-changer-industry-hybrid/))

Stories

Trump’s 2025 fuel economy reset reignites the U.S. auto emissions battle

Rule Changes

Publicly supporting the CAFE rollback while continuing EV investments

On December 3, 2025, President Trump unveiled an NHTSA proposal to slash Biden-era CAFE standards, cutting the 2031 target from about 50.4 mpg to roughly 34.5 mpg. The rule also slows annual increases to 0.25–0.5% from 2% and bans credit trading after 2028, which especially hurts EV-focused companies that sell credits to gasoline-heavy manufacturers.

Updated 6 days ago