Ford CEO Seeks to Expand Partnerships With Chinese Automakers

Just days after saying Chinese carmakers should be kept out of America, Ford Motor Co.’s top executive said his company is looking to expand business ties to Chinese automakers.

Chief Executive Officer Jim Farley told Fox News on Monday: “We should keep them out of our country.” But speaking to reporters Wednesday about a reorganization at Ford, Farley seemed to try to walk back his tough words on China. He said his company benefits from partnerships with Chinese carmakers, who are rewriting the rulebook with their low-cost, high-tech offerings.