Ford CEO States That China Has the Potential to 'Drive Us All Out of Business': TDS
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Good morning and welcome to The Downshift, or TDS for short.
Concise and informative, TDS compiles the latest global automotive news and presents it in one place. Each story is summarized in a single, often lengthy, sentence with a link for those interested in further details.
I’m back in the U.S. and I’m a bit lost on what day or time it is; I’ve finished my first cup of coffee and I’m pretty sure I need at least five more, so let’s dive in.
🚘 What I’m driving: Currently, nothing, but an EV is scheduled to be delivered this morning for testing this week.
🇨🇳 In a CBS Sunday Morning interview, Ford CEO Jim Farley compared China's automotive sector to Japan's in the 1980s, stating, “They possess enough [production] capacity in China with existing factories to cater to the whole North American market and potentially drive us out of business. Japan never had that level of capacity, making this a distinctly greater risk for our industry.”
🛻 Stellantis CEO Antonio Filosa announced during the automaker’s Q3 shipments and revenue report that Ram will unveil two SRT-branded products within the next three months.
🇯🇵 Mazda subtly launched a new corporate logo at the 2025 Japan Mobility Show.
🪫 The unveiling of Jaguar’s EV Grand Tourer has been postponed to 2026, with a starting price of $130,000.
🚀 On the Joe Rogan Podcast, Tesla CEO Elon Musk claimed that the new Roadster will be introduced this year and suggested it will have the ability to fly.
💸 Audi has revised its profitability forecast downward once more, attributing it to economic difficulties and competition.
🔌 Toyota showcased the bZ Time Attack concept, which will be featured this week at the 2025 SEMA Show.
‼️ Ford has recalled approximately 79,800 vehicles due to issues with door panels and lightbars.
🏁 Weekend Race Results:
NASCAR Cup Series – Ryan Blaney took the win for Team Penske.
NASCAR Xfinity Series – Jesse Love secured victory for Richard Childress Racing.
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Ford CEO States That China Has the Potential to 'Drive Us All Out of Business': TDS
Ford CEO Jim Farley remarked on the similarities between today's Chinese car industry and that of Japan in the 1980s.