Ford isnt exactly caving to Trump

[NeoConsSuck]

This discussion thread was locked as off-topic by mcar (a host of the Latest Breaking News forum).

Source: Yahoo

Ford Motor Co. (F) plans to move production of its Focus subcompact from Michigan to Mexico in 2018. That was the plan that drew attacks from Donald Trump when he was campaigning for president last year. It’s still Ford’s plan.

Ford earned some goodwill from Trump for a new initiative to invest $700 million in Michigan and create 700 new jobs there. Trump signaled his approval by tweeting a news story that said Trump’s policies were to thank for the move. But production of the Focus is still moving to Mexico.

Ford announced several things at once, leaving the impression that it’s capitulating to Trump and ditching its operations in Mexico, where assembly-line workers earn about one-fifth what their US counterparts do. But that’s not what Ford is doing. “We’ll continue to do the right thing for our business, and the right thing for our customers,” Ford CEO Mark Fields tells Yahoo Finance in the video above.

The right thing for a business is usually to minimize costs and maximize profits. The right thing for customers is to offer the best possible product at the lowest price. Mexico’s low labor costs allow Ford to do that, which is why the automaker is determined to shift the production of its small cars, which usually have the lowest profit margins, south of the border.

Read more: http://finance.yahoo.com/news/ford-isnt-exactly-caving-to-trump-192945024.html

[Crash2Parties]

1. The CEO of Ford "is willing to work with Trump" (just post-Carrier sweet tax deal)

""Speaking during an appearance on CNN, Fields commented on Trump's remarks, making it clear that "zero" jobs would be lost following Ford's announcement on Wednesday that it would move all small car production — specifically, that of the Focus and C-Max — south of the border. That's because, as the Detroit Free Press reports, Ford will introducing two new models to keep the plants vacated by those models humming."

http://www.leftlanenews.com/ford-ceo-has-choice-words-for-presidential-hopeful-donald-trump-92850.html#ixzz4UkaFNDjA


<<<<<<<<< Election happens, Trump becomes president >>>>>>>>>>


Just got a call from my friend Bill Ford, Chairman of Ford, who advised me that he will be keeping the Lincoln plant in Kentucky – no Mexico
— Donald J. Trump (@realDonaldTrump) November 18, 2016


I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. I owed it to the great State of Kentucky for their confidence in me!
— Donald J. Trump (@realDonaldTrump) November 18, 2016


<<<<<<<<< Carrier deal happens, company gets tax break >>>>>>>>>>


Ford Motor Co. is willing to work with Donald Trump to keep jobs in the U.S. if he puts the right policies in place, the automaker’s chief executive officer said.
“We will be very clear in the things we’d like to see,” Mark Fields said in an exclusive interview at Bloomberg offices in Southfield, Michigan. “We’ll continue to advocate for currency-manipulation rules to promote free and fair trade. One of our priorities is making sure fuel-economy standards reflect market realities, tax reform in general we would be very supportive of, and the safe deployment of autonomous vehicles.”
(Bloomberg, Dec 2 2016)

[4Tone]

2. I don't think "drain the swamp" means what Trump thinks it means.

I think the best response is to keep challenging his supporters to explain and defend his crony capitalism, in every column, interview, and any other appearance that liberal talking heads can take advantage of in the near future. It's the opposite of the populism that he ran on, and we'd be negligent if we didn't force the GOP to offer up some truly ridiculous excuses for it.

[erpowers]

3. More Journalists Like This

We need more journalists like this in the United States. We need journalists that will explain to the American people what is actually happening. Most other reports buried the fact that the Focus was still going to be made in Mexico. Just like Carrier deal and the Sprint jobs statement Trump gets good press off of misleading headlines.

So, the reality turns out to be that Donald Trump had pretty much nothing to do with Ford's announcement. First, Ford is not building the new plant because they did not need the new capacity. So, if and when the capacity is needed the new plant will be built. Second, the Focus will still be built in Mexico, just at a different location.

[NeoConsSuck]

4. This is what angers me...

Trump comes out of this looking like he is protecting middle class jobs, who knows what deals were made to Ford to play along with this charade. This is Trumps version of a quid pro quo arrangement.

And the only ones who see through this bullshit are DU members?

[sarah FAILIN]

6. IDK why we are the only ones to see it, it is in black and white

Maybe their computers have been hacked, lol.

They are idiots that don't know hw to investigate anything.

[cactusfractal]

8. No one else...

was in the room where it happened...

[sarah FAILIN]

5. I just posted a huge reply about this on FB, it is a shell game

They are still sending the jobs to Mexico, just to an existing factory. The Lansing plant will be screwed while the Flat Rock gets a contract that doesn't sound like a huge prize imo...

The decision by Ford to drop plans for a new plant in Mexico — what would have been a $1.6 billion investment — came at the same time the company announced it would add 700 jobs to build electric and hybrid vehicles at a plant in Flat Rock, Mich.

The new Mexican factory was to build Ford Focus sedans currently manufactured at another Michigan plant near Detroit. Now the company will build those cars at an existing plant in Mexico.

http://www.nytimes.com/2017/01/03/business/ford-general-motors-trump.html

They have a HUGE presence in Mexico already.

Trump also hasn’t mentioned that Ford is not moving to Mexico and has had operations in Mexico for 90 years. Ford currently has 11,300 employees in Mexico, where it builds the Ford Fiesta, Fusion and Lincoln MKZ as well as the hybrid versions of both are manufactured in Mexico. Ford also has an Engineering Center in Mexico, which employs more than 1,100 engineers who support global projects.

Ford said in April it would invest $2.5 billion to build new engine and transmission plants in two separate Mexican states — Chihuahua and Guanajuato — and would create 3,800 jobs with a new engine plant in Chihuahua, expansion of Ford’s I-4 and diesel engine lines in Chihuahua and a new transmission plant — Ford’s first in Mexico — in Guanajuato.
http://www.detroitnews.com/story/business/autos/ford/2015/10/26/ford-canceling-mexican-plans-despite-trump/74617558/

[TexasBushwhacker]

7. Just getting some good PR. Jobs will still be lost to

automation eventually, whether it's here or overseas. Artificial intelligence will be taking jobs from areas like accounting and engineering too. Humans will have to input the variables, but more and more of the "thinking" will be done with computers, with fewer errors.

I'll soon be 60. I'm not especially interested in living to be 100, but I wouldn't mind knowing how things all play out. On the other hand, I'm kind of glad I'm not 40, having to wonder about working another 20 or 30 years.

[rockfordfile]

9. Trump can't get away with bs

This isn't the past where "corporate media" has all the say related to "info". Americans already see the bs for what it really is.

[mcar]

10. Locking

Violates the Statement of Purpose for this forum. Consider reposting in GD.