Ford Motor Company's CEO, Jim Farley, publicly supported a Trump administration proposal to significantly weaken vehicle mileage requirements through the 2031 model year. The plan aims to loosen regulatory pressure on automakers to control pollution from gasoline-powered vehicles, reversing previous policies that encouraged the production of more fuel-efficient cars and electric vehicles. In a statement, Farley called the planned rollback "a win for customers and common sense," adding that Ford appreciates the administration's leadership in aligning fuel economy standards with market realities. The move is the latest in a series of actions by the administration to relax auto emissions rules and terminate consumer tax credits for EV purchases, a policy direction praised by the leaders of major U.S. automakers.
Ford CEO Endorses Trump Administration's Proposal to Weaken Vehicle Mileage Rules