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Ford CEO discusses auto industry affordability amid rising gas prices and economic uncertainty

The average cost of a new car is about 30% more expensive than 2019, data shows. Ford CEO Jim Farley spoke with "CBS Saturday Morning" about how the car company is tackling affordability amid economic uncertainty and rising gas prices.

First seen · 2:18 PM UTCMay 2, 2026

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Ford CEO discusses auto industry affordability amid rising gas prices and economic uncertaintyThe average cost of a new car is about 30% more expensive than 2019, data shows. Ford CEO Jim Farley spoke with "CBS Saturday Morning" about how the car company is tackling affordability amid economic uncertainty and rising gas prices.
2:18 PM UTC

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