Ford will have to share profits from the next US-market Focus with Changan Automobile, but that isn’t likely to matter much.
Facilities: San Luis Potosí (Mexico)
The next US-market Ford Focus will be imported primarily from China – not Mexico.
US President Donald Trump’s proposed 20% border tax on Mexican-made goods wouldn’t impact Ford all that much, says the company’s CFO.
Ford, which builds more vehicles in the US than any other automaker, found itself the primary target in Donald Trump’s railing against free trade.
Ford’s last-minute cancellation of the plant in San Luis Potosi, Mexico will cost it.
Ford CEO Mark Fields says now is an ideal time for some pro-business tax reform.
According to Ford’s President and CEO, the automaker would have canceled the $1.6B Mexico small-car plant with or without Trump in the White House.
UAW President Dennis Williams has found common ground with president-elect Donald Trump: they both dislike NAFTA.
Ford meets the news of Trump’s election win with a level head.
Once again, Donald Trump held up Ford as an example of outsourcing. Once again, Ford had to set the record straight.
Ford wants to “fire all their employees in the US,” says Donald Trump. Here is why that’s patently absurd.