Ford CEO Proposes Joint Venture Framework with Chinese Automakers

Farley meets with Trump administration officials to discuss manufacturing vehicles in the U.S.

Published on Feb. 18, 2026

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Ford Motor Co. CEO Jim Farley reportedly discussed with Trump administration officials a potential roadmap for Chinese automakers to manufacture vehicles in the U.S. through joint ventures. The proposed framework would allow Chinese firms to produce cars domestically, with American companies maintaining a controlling stake.

Why it matters

This proposal comes as the auto industry faces shifting market dynamics and increased global competition, with Chinese automaker BYD recently surpassing Ford in global sales. The move could help Ford navigate this transition and maintain a competitive edge in the U.S. market.

The details

According to a Bloomberg report, Farley met with senior officials during last month's Detroit Auto Show to discuss the joint venture framework. The plan would enable Chinese firms to manufacture vehicles in the U.S., with American companies retaining majority ownership. Ford has not yet responded to Benzinga's request for comment on the matter.

  • Farley met with Trump administration officials last month during the Detroit Auto Show.

The players

Jim Farley

CEO of Ford Motor Co.

Ford Motor Co.

An American multinational automaker that designs, manufactures, markets, and services a full line of Ford cars, trucks, SUVs, electrified vehicles, and Lincoln luxury vehicles.

BYD

A Chinese multinational automotive company that manufactures electric vehicles, plug-in hybrid electric vehicles, and conventional fuel-powered vehicles.

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What’s next

The details of Farley's proposal and the Trump administration's response are still unclear, but this development could have significant implications for the future of the U.S. auto industry and its relationship with Chinese manufacturers.

The takeaway

This proposal highlights Ford's efforts to adapt to the changing global automotive landscape, where Chinese automakers are gaining ground. If implemented, the joint venture framework could help Ford maintain a competitive edge in the U.S. market while also fostering greater collaboration between American and Chinese automakers.