Posted on 11/17/2016 9:57:29 PM PST by Helicondelta
Today, we confirmed with the President-elect that our small Lincoln utility vehicle made at the Louisville Assembly Plant will stay in Kentucky, Ford said in an emailed statement. We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the United States. We will have more details to share on our future plans at the appropriate time.
(Excerpt) Read more at wxyz.com ...
That’s A very smart start for Ford, but it won’t prevent Ford from being taxed for vehicles built outside the country and imported until Ford as well as all manufactures prove that their company puts Americans 1st. Once This fact is proven, then and only then will a company be rewarded to expand their manufacturing.
`Tariffs don`t keep jobs`
Right. How could slapping a 35% tariff on goods coming back into the country possibly effect a company`s decision on whether to move or not` /s
Of course an even more effective way to keep jobs here is to lower taxes and regulations, which Trump is planning to do.
But to suggest that a 35% tariff on imports would have no effect on a company`s decision to move its jobs overseas is foolish.
agreed -
1) sound money
2) a competitive and simple tax rate
3) bare minimum regulations
4) equality under law
not much else is required for Americans to compete with anyone
“Tariffs dont keep jobs. We need to first get rid of the regulations and high taxes that are the cause of company migration”
Absolutely. But the threat of tariffs are very useful to prevent “dumping” of goods by China and other countries.
Now, if Lincoln wasn’t such an ugly car, maybe they’d sell more of em.
Any way you parse it, it’s still a very positive statement from Ford.
Sweet!
Ford says Lincoln MKC production will stay in Kentucky, not move to Mexico
Automaker tells Trump about decision
www.autonews.com/article/20161117/OEM01/161119840/ford-says-lincoln-mkc-production-will-stay-in-kentucky-not-move-to
“UPDATED: 11/18/16 12:16 am ET — adds details
DETROIT — Ford Motor Co. had considered moving production of the Lincoln MKC to Mexico, but instead the compact premium crossover will remain at the Louisville Assembly Plant, the automaker confirmed Thursday night.
Ford spokeswoman Christin Baker said the Cuautitlan plant was the “likely” new plant for the MKC when the automaker’s deal with the UAW expires in 2019.
But now the automaker plans to build the next generation of the MKC in Louisville, Kelli Felker, Ford’s global manufacturing and labor communications manager told Automotive News late Thursday.”
Myself, if I was Ford, I would tell Trump that we'll build two new plants if you can get the corporate tax to 10%. I think you'll see more companies on shoring if the corporate tax rate gets reduced...
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