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President-elect Trump may still have some time to go in the Oval Office, but he and his team are already making an impression on business leaders. Bill Ford, president of Ford Motor Company, whose grandfather Henry Ford founded the iconic car American car giantbelieves that Trump and Elon Musk are looking to help the industry.
“(Trump) is very concerned about the importance of a strong American industry. Ford told reporters At the Detroit Auto Show
The all-electric Ford Mustang Mach-E is on display at the 2024 Los Angeles Auto Show at the Los Angeles Convention Center on November 22, 2024 in Los Angeles, California. (Josh Lefkowitz/Getty Images)
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Ford added that Trump is not only focused on strengthening automakers, but also aims to help workers in the industry. He cares a lot about the people in the factory.
Then-presidential candidate Donald Trump listens to auto employee Brian Penbecker during a campaign rally at the Suburban Collection in Novi, Michigan, Oct. 26, 2024. (DREW ANGERER/AFP via Getty Images/Fox News)
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Referring to Trump's close relationship with Tesla CEO Elon Musk, Ford said he wasn't overly concerned that it would hurt the electric car company's rivals. Indeed, Ford is hoping for Musk's position It will benefit car manufacturers.
“We're aligned on a lot of things,” Ford said, referring to Musk.
Elon Musk talks to President-elect Donald Trump. (Photo by Brandon Bell/Getty Images/Getty Images)
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During his first term in office, Trump clashed with the US auto industry over regulations, trade agreements and tariffs. According to reports, Ford acknowledged his relationship with Trump during the first term of the American presidency “It had its ups and downs.” Still, after speaking with Trump for “a long time,” Ford expressed optimism about the president-elect's approach to the auto industry in his second term.
“I'm very confident that going forward, Ford will have a voice and a seat at the table,” Ford said.
Axios and Bloomberg contributed to this report.