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Ford CEO Backs Trump’s Fuel Standards for Lower Prices

12/6/2025

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Summary

Story summary

Ford CEO Jim Farley praised the Trump administration's plan to reset federal fuel-economy standards, saying it would lower car prices.
He said the rules would let Ford offer popular models at lower prices and more choices.
U.S. President Donald Trump criticized the prior standards as unrealistic, calling them a "green new scam."
The Trump administration argues Biden-era regulations would have raised car prices by nearly $1,000.

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Story summary

Ford CEO Jim Farley praised the Trump administration's plan to reset federal fuel-economy standards, saying it would lower car prices.
He said the rules would let Ford offer popular models at lower prices and more choices.
U.S. President Donald Trump criticized the prior standards as unrealistic, calling them a "green new scam."
The Trump administration argues Biden-era regulations would have raised car prices by nearly $1,000.