Ford CEO, White House discussed China-U.S. car partnerships, Bloomberg says

Ford (F) CEO Jim Farley spoke with senior White House officials about a potential roadmap for Chinese car makers to manufacture vehicles in the U.S. by partnering with American car companies, Bloomberg’s David Welch, Keith Naughton, and Jenny Leonard report, citing people familiar with the discussions. The rough framework that was talked about between Farley and Trump administration cabinet members last month would let Chinese automakers build vehicles in the U.S. through joint ventures with domestic automakers in which the U.S. firm holds a controlling interest, the authors say. Other publicly traded companies in the space include BYD (BYDDY), Geely (GELYF), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).

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