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Old 03-01-2017, 06:25 PM #1
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Default USA: Ford Motors cancels $1.6bn Mexico plant

Trump effect



Ford has said it will cancel a $1.6bn (£1.3bn) plant it planned to build in Mexico and instead extend operations at its factory in Michigan.

The US car giant will spend $700m on expanding the plant at Flat Rock.

Ford said it needed to re-organise to use existing facilities more efficiently amid falling sales of its smaller cars.

The President-elect has criticised both Ford and its rival General Motors over production of models in Mexico.

Earlier, Donald Trump tweeted his disapproval of GM's production of the Chevy Cruze in Mexico.

http://www.bbc.co.uk/news/business-38497898
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Old 03-01-2017, 09:04 PM #2
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That decision had already been taken it was nothing to do with trump

https://ourfuture.org/20161117/a-tim...jobs-to-mexico
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Old 03-01-2017, 09:05 PM #3
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ford making America great again
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Old 03-01-2017, 09:16 PM #4
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Quote:
Originally Posted by Kizzy View Post
That decision had already been taken it was nothing to do with trump

https://ourfuture.org/20161117/a-tim...jobs-to-mexico
That's an old article referring to something different. Even that article there says:

Quote:
There’s one problem with those statements. Ford Motor Company never was planning to shutter a Kentucky plant and send those jobs to Mexico.

Ford’s plan all along has been to shift small-car production from Michigan to Mexico, but without eliminating any American jobs in the process.
Well that's not happening anymore - they're not moving production from Michigan and are in fact extending it instead

Ford's Chief Executive itself has said that Trump's impending presidency did play a part in that decision even if it wasn't the main reason:

Quote:
Ford's chief executive, Mark Fields, told the BBC that the main decision to cancel the plant in Mexico was because of a "dramatic decline for the demand for small cars here in North America," allowing the company to cope with its existing plant.

But he said another factor in the decision was the "more favourable US business environment that we see under President-elect Trump and some of the pro-growth policies that he's been talking about".

"That did play a part and it's a vote of confidence that he can deliver on these things," Mr Fields added.
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Old 03-01-2017, 09:22 PM #5
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Sounds like a businessman trying to save some face. Good decision for Michigan though, they've been in dire straits for quite some time.
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Old 03-01-2017, 09:32 PM #6
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They have moved production of the Ford Focus to Mexico, the article is correct.
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Old 04-01-2017, 07:35 AM #7
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Quote:
Originally Posted by LeatherTrumpet View Post
ford making America great again


Yes LT
it's the start of many


Great news
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Old 04-01-2017, 07:37 AM #8
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Quote:
Originally Posted by Shaun View Post
Sounds like a businessman trying to save some face. Good decision for Michigan though, they've been in dire straits for quite some time.

Of Course Shaun
it makes sense
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Old 04-01-2017, 07:52 AM #9
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No good news for us though.

http://www.independent.co.uk/news/bu...-a7162561.html
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Old 04-01-2017, 08:07 AM #10
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"That's an old article referring to something different"

Thank you MTVN
I wish Kizzy would watch the BBC1 News
or Free Radio
it was the Ford CEO
who went Live on Worldwide Media
and business news, yesterday

Last edited by arista; 04-01-2017 at 08:08 AM.
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Old 04-01-2017, 08:56 AM #11
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Quote:
Originally Posted by arista View Post
"That's an old article referring to something different"

Thank you MTVN
I wish Kizzy would watch the BBC1 News
or Free Radio
it was the Ford CEO
who went Live on Worldwide Media
and business news, yesterday
It isn't, it refers to the same thing, nothing has changed.
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Old 04-01-2017, 09:32 AM #12
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Quote:
Originally Posted by Kizzy View Post
It isn't, it refers to the same thing, nothing has changed.
that article, from July Last Year

can you cut and paste the bit where someone senior at Ford UK said that they would leave the UK?
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Old 04-01-2017, 09:47 AM #13
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Quote:
Originally Posted by LeatherTrumpet View Post
that article, from July Last Year

can you cut and paste the bit where someone senior at Ford UK said that they would leave the UK?
It is yes but nothing is any different is it? only small car production has moved as was intended.

You can read the whole thing, to save you any confusion.
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Old 04-01-2017, 09:52 AM #14
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I don't see why this is a problem, an American company keeping jobs in America. I remember reading about the "I'm Backing Britain" campaign in the 60s... what a pity people aren't backing it now.
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Old 04-01-2017, 09:54 AM #15
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Quote:
Originally Posted by Kizzy View Post
It isn't, it refers to the same thing, nothing has changed.

Wrong Kizzy
yesterday it was the Whole Deal Cancelled

Look KIZZY

todays FT

Fact
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Old 04-01-2017, 10:11 AM #16
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From the BBC article in the OP the ford focus will be moved to Mexico.
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Old 04-01-2017, 03:49 PM #17
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awesome news....the power of that trump tweet is a mindboggling $1.6 billion

Last edited by the truth; 04-01-2017 at 03:49 PM.
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