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Home > Automobile News > Detroit Big Three CEOs to Testify Before Congress Over Soaring Car Prices and EV Strategy

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Detroit Big Three CEOs to Testify Before Congress Over Soaring Car Prices and EV Strategy

CarFurious November 22, 2025
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Detroit’s Auto Giants Face Washington

It’s not every day that America’s most influential auto bosses are summoned to Capitol Hill — but this January, it’s happening. On January 14, the CEOs of Ford, General Motors, and Stellantis will sit before Congress to answer tough questions about why car prices keep climbing and how their push toward electric vehicles (EVs) is impacting American families.

ford, gm, stellantis

Why Congress Is Stepping In

Senator Ted Cruz is leading the session titled “Pedal to the Policy: The Views of the American Auto Industry on the Upcoming Surface Transportation Reauthorization.”
His main argument? Federal mandates — from emissions rules to high-tech safety features — are inflating the cost of new vehicles at a rate the average American simply cannot keep up with.

Back in 2000, the average new car cost around $21,000.
In 2010, it was still in the $24,000 range.
But today? We’re staring down $50,000+ as the new normal.

For many families, that’s the price of an entry-level luxury car — not just everyday transportation.

price sticker

What Lawmakers Want To Know

During this hearing, Ford’s Jim Farley, GM’s Mary Barra, and Stellantis’ Antonio Filosa will have to address some uncomfortable questions. Congress wants clarity on:

  • Why vehicle prices have doubled in two decades
  • How much emissions and safety regulations contribute to the cost
  • The financial impact of tariffs on parts and imports
  • The true cost of switching factories to EV production
  • Whether American jobs are at risk during the EV transition
  • How the industry plans to keep cars affordable

On top of that, Tesla Vice President Lars Moravy has also been invited, adding an EV-heavy perspective to the discussion.

futuristic boardroom

What’s Really Driving Car Prices Up

Sure, regulation plays a role — but that’s only part of the story. Congress will also examine:

1. The EV Transition

Switching from gas-powered to electric vehicles is incredibly expensive. New manufacturing lines, battery factories, retraining workers — it all adds up. And in many cases, those costs have landed on the consumer’s shoulders.

2. Global Supply Chain Pressure

The auto industry still hasn’t fully recovered from the pandemic-era semiconductor shortage. Add in geopolitical tensions, shipping delays, and rising material costs, and things get messy fast.

3. Tariffs and Trade Rules

With the USMCA agreement up for review, there’s anxiety about potential tariff spikes that could make building cars even more expensive.

ev batteries on an assembly line

Why This Hearing Actually Matters

This isn’t just political theater — it’s a turning point. The Big Three haven’t appeared together before Congress since the 2008 bailout crisis, and this moment carries similar weight.

Americans want answers.
Congress wants transparency.
Automakers want direction.

This hearing may help determine:

  • Whether new regulations will prioritize affordability
  • How aggressive EV timelines should be
  • Whether tariffs on imported parts should be adjusted
  • How much responsibility automakers bear for rising costs
  • What incentives—or penalties—manufacturers may face in the future

The decisions made in 2025 could shape the U.S. car market for the next decade.

futuristic boardroom

What Consumers Should Expect

If this hearing goes deep — and it likely will — consumers might see:

Lower or stabilized vehicle prices

If Congress pushes back on certain mandates or tariffs.

More aggressive EV incentives

To make electric cars financially reachable for the average household.

Transparency from automakers

About what actually drives up the cost of new cars.

Pressure on companies to maintain U.S.-based jobs

Especially in light of the EV manufacturing shift.

family looking at a new suv inside a dealership

A Historic Moment for Detroit

This January hearing is more than a formal meeting — it’s a high-stakes checkpoint for the American automotive landscape.

The rise in car prices has become impossible to ignore.
The EV shift is now unavoidable.
And the public wants to know the truth.

Whether this hearing leads to major policy changes or simply sparks deeper debate, one thing is clear: Detroit’s automakers are heading into Washington with some explaining to do… and America will be watching.

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