Ford CEO warns of China ‘wild card’ for all global automakers

Jim Farley sees Chinese low-cost production, weak domestic demand exerting export pressure

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Ford Motor CEO Jim Farley speaks before the Detroit Auto Show in Detroit, Michigan, on Jan. 13.  © Reuters

KENJI KAWASE

TOKYO — Ford Motor President and CEO Jim Farley sounded the alarm on the threat Chinese automakers pose to established players worldwide, saying China’s combination of heavily subsidized low-cost production and weak domestic demand is bound to increase the pressure from exports.