Ford's CEO said Chinese carmakers entering the US would be 'devastating'

Source: Business Insider

Ford's CEO saidBill Pugliano/Getty ImagesFord's CEO Jim Farley said Chinese cars entering the US would be "devastating" for the US car industry. He said manufacturing was the "heart and soul" of the US, and Chinese exports could hurt it. Farley has talked about the robustness of China's automobiles several times in recent years.