Democrat trick to make Trump look bad.
I want all of those jobs and all of those cars.
Mexico doesn’t deserve any of them.
There is about a $30 an hour difference in US pay per worker versus Mexican pay per worker.
I would hope that any tariff on those cars returning to the USA would cover slightly more than that labor difference in each car.
We just won’t buy their cars.
When NAFTA gets renegotiated Ford is going to be wondering what hapoened...
A $5000.00 import duty on each car produced in Mexico might persuade Ford to reconsider.
uhhh....he’s not the President yet.
I believe the two products Ford is going to use the plant for are the new Ranger pick up and the new Bronco. Good move, since trucks are more profitable.
“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...”
We can expect the price of their small car to increase as Trump’s 35% import tax will raise it anyway. Let say the average price of that “small car” is around $25K (guessing at the price) OK, add 35% to that and the price becomes $33,750, or an increase of $8750 due to the import tax. My guess the average small car buyer will seek a less expensive “equal” small car.
Perhaps the best thing to do is to get the “cost” of manufacturing here in the U.S. lower. How much of the actual “cost” is union labor?
Ford GM Chrysler/FIAT
Let’s be honest people, it’s a race to the bottom with a “global worker” wage the norm.
Is this not already a trade war? One that is waged against workers, by globalists, country by country?
Globalism just sucks, in every way.
Mexico should be making the car mats.
I wonder if this NY Magazine reporter understands that Trump isn’t actually in office yet and thus, is still just a private citizen with absolutely no power to impact things like this.
The reason for that is, small cars are not profitable. The only way to make them competitive is to use the same labor techniques the rest of the world uses. Those techniques are not possible in the United States because of the UAW work rules. The answer is to move the plant to where they can make a competitive product.
Like it was in the UK, union labor rules are making the US uncompetitive. Notice there are no British owned car makers anymore. Yes they make cars there, but no Brits own the companies. (That’s because the government got involved in bailing out the companies and then ended up selling them because a government can’t even run a whore house at a profit; proven when the IRS took over The Mustang Ranch.)
Not news.
The Ford planning for shifts in production came long before Trump was mentioned as a candidate, and they probably had tens (or hundreds) of millions of dollars in it when it became an issue.
Ford’s transfer is really a challenge to fed regulations. Higher-profit and lower mpg vehicles will continue to be made in the US. More government squeezing by emission and mpg regulation would then come directly at the expense of American workers while ‘green’ incentives would go to imports. Ford is playing hardball with the bureaucracy.
Trump’s success with the bureaucracy remains to be seen.
If this happened in November 2008, the story would be about how horrible it was that Bush policies pushed Ford to move the plant and how Obama was going to change all that when he took office.
I’ve been driving the same Honda Element - made in Marysville, Ohio - for ten years. It has about 240,000 miles on it, and it looks like it just left the showroom. The engine is getting a little tired, but there’s no smoke, no leaks.
I parked it in 2009. Bought a Chevy HHR SS - made in Mexico. It was a hot rod, and a lot of fun, but the Honda required far less maintenance.
I hope to drive the Element (yeah, it’s ugly) until it reaches 450,000 miles.
Then, I’ll have it crushed into a cube, put a piece of glass on top, and turn it into a coffee table.
Hondas from Ohio; Chevys from Mexico.
What a country...
Good let Ford be the first to get its ass kicked by the 35% tax.