Ford CEO Jim Farley Hails Trump's CAFE Rollback, Reaffirms Investment In US-Made Cars—Sean Duffy Says Decision Will Save $109 Billion For Americans - Ford Motor (NYSE:F)

Group 1 - Ford Motor Co. CEO Jim Farley has reaffirmed the company's commitment to investing in more affordable vehicles, aiming to take the lead in American-made cars [2][3] - The rollback of Corporate Average Fuel Economy (CAFE) norms is expected to save consumers $1,000 on the average car price and a total of $109 billion over the next five years [3][4] - The Trump administration's decision to rescind the 2009 Endangerment Finding will relieve legal pressure on automakers regarding emissions standards, potentially impacting revenue sources for companies like Tesla and Rivian [5] Group 2 - Ford's November EV sales figures show a significant decline, with a 60.8% year-on-year drop, selling only 4,247 EVs compared to 10,821 units last year [7] - The company predicts that EV adoption in the U.S. could remain at around 5% as demand for electric vehicles decreases [7] - Ford's stock has shown positive momentum, with a 1% increase to $13.09 at market close and a further rise to $13.13 in after-hours trading [8]