Posted on 11/16/2016 5:46:17 AM PST by monkapotamus
Ford’s chief executive officer Mark Fields must not respond well to threats; he admitted to Reuters on Tuesday that Ford was still planning on moving the production of its small cars from Michigan to — you guessed it — Mexico...
Fields claimed that the move would not have any effect at all on American jobs because the move south will “make room for two very important products we’ll be putting back into Michigan plants.”
Ford has yet to announce what, exactly, those “important products” are, but Fields is convinced that the move will lead to “no job impact whatsoever.”
“It’s very difficult for us to be able to make money on a vehicle produced in the U.S,” said Fields, explaining that if they were to raise the cost of their smaller cars to compensate for the increased cost of manufacturing in the United States the car just “wouldn’t sell...”
(Excerpt) Read more at nymag.com ...
Hyundai are made in Alabama.
yes EPA regulation on some of these auto companies has to go.
This is crony capitalism at its worst. And this is why I have no problem with a company like Ford building cars in Mexico. If they’re going to have to deal with a sh!tty, corrupt, Third World government, they might as well deal with the one in Mexico City that costs less than the one in Washington.
Is it your assumption that nothing is going to change?
I’d like to see a next generation Bronco based on the original style.
UAW?
Driving down costs is always a good thing, but if we can do that so can the Mexican government.
So, I think there is a psychological impact of a tariff. Start low and threaten high.
A repeal and renegotiate NAFTA is also a way to achieve balance.
But I am adamant that we want ALL of our manufacturing jobs and products here. If they weren’t a benefit, Mexico wouldn’t want them there.
Don’t confuse ‘em with the facts.
No company leader with half a brain is ever going to rely on U.S. political decisions when running his company.
Yeah. That would be pretty cool.
Don't let the communist labor unions dictate terminology.
Then he loses.
I’m considering Volvo even though it is a bit of drive.
At least one guy I know is applying to get out of here.
“Ford needs to move its production to a non union state and cut ties with the UAW.”
NEWS FLASH : Michigan IS as ‘right to work’ state now!
Until such time as the regulatory climate changes, companies will do what is necessary to survive. Extreme tariffs will only make small cars unaffordable.
Well the first step is to scrap the CAFE regulations.
What are these silly facts that you speak of to get in the way of a good left-wing narrative here, comrade? Everything is Trump's fault.
Tariffs alone won't do it. Here's a real world story that I will share to illustrate why I say that.
I was at a shipbuilder in California getting a tour. They are the last shipbuilder left in the state. As we walked through the yard, they brought us to a paint shop. They told us that the environmental regulations in California were so tough that they had to build a multi-million dollar facility to spray paint their parts, with filters and controlled air sources and self contained runoff and all that. In other yards I've seen, it's a shed and I said so. Guy walking us through the yard said "yup, that's why nobody build ships or aircraft in California anymore".
California is the extreme case. But over time the nation has been following it into manufacturing graveyard thanks to federal level regulations getting ever more California-like. We can put crushing tariffs on products but some industries will just go out of business because the capital needed to comply with these onerous regulations if they moved their operations back to the US is prohibitive.
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