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For the first time starting in 2019 Ford Motor Co. will export vehicles from China to the U.S.. The automaker plans to move the production of its Ford Focus small car from U.S. to China. Sales of small cars have dropped sharply in the U.S. and companies are seeking to cut costs making them. Ford's president of global operations Joe Hinrichs said the move to China will save the company $1 billion, including $500 million for canceling plans to build the Focus in Mexico. Wary of the response from President Donald Trump, who has criticized Ford for making vehicles outside the U.S., ...
Ford is again ready to invest in its three Michigan facilities approximately $1.2 billion, and this time it is coming with another 130 jobs for Americans. We don’t know how did the automaker make this decision, whether it was pressured by Donald Trump who wants USA automakers to invest in the country more, or it was just a decision took on their own. The investments were in the works well before Trump took office, however. Ford announced plans to upgrade some of its Michigan plants in November 2015 as part of a new contract with the United auto Workers union. Ford Americas Pre...
It's time to congratulate Ford Motor Co, since it's taking a much different approach to fleet sales than rival General Motors. While GM plans to slash sales to daily rental companies by 75,000 units this year and has plans for more cuts in 2017, the Blue Oval has held steady. Ford's president of the Americas, Joe Hinrichs says the the automaker doesn't see an adjustment necessary in the daily rental. Through November, Ford's daily rental sales are at the same level they were a year ago: 11 percent of its total sales. Year to date, Ford's total fleet sales are...
