General Motors is seeking to develop next-generation battery cells that the company says will reduce U.S. dependence on China. Rival Ford Motor recently faced criticism from the Trump administration for ties to a Chinese battery tech company.
Ford is recalling 223,472 vehicles in the U.S. due to leaky and improperly secured fuel tanks that may detach from the vehicle while driving, the U.S. National Highway Traffic Safety Administration said on Saturday.
Ford CEO Jim Farley announced a $1 billion investment in a new paint shop at the Kentucky Truck Plant, where vehicles roll off the line every 45 seconds.
CEO Jim Farley said the transportation secretary's concerns over the automaker's China ties could have been resolved with "a simple five-minute call."
Ford said it is investing $1 billion to build a new paint shop at its Kentucky truck plant. It follows Transportation Secretary Sean Duffy expressing "profound concern" about the automaker's ties to Chinese companies.
F raises its 2026 EBIT guidance despite tariff and commodity headwinds, while a Novelis aluminum recovery can drive a major second-half benefit.
F faces U.S. scrutiny over CATL and Geely ties, as regulators examine whether its partnerships could deepen reliance on Chinese state-backed firms.
Ford (NYSE: F | F Price Prediction) was on a roll, briefly. It dropped out of the expensive EV race after pledging $30 billion in investment.
Long-simmering tensions between Ford and the Trump administration over the automaker's connections with Chinese companies boiled over this week in a contradictory flurry of Republican criticism and praise for the company.
The exchange illustrates how politically sensitive the question of Chinese automakers breaking into the U.S. has become.
Transportation Secretary Sean Duffy has zeroed in on Ford's reliance on technology licensed from Chinese battery giant CATL.
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