“Zero” job losses as Ford shifts small auto manufacture to Mexico: CEO
Ford CEO Mark Fields confirmed the long-expected move Wednesday during an event for investors and Wall Street analysts.
The OEM has been laying plans to shift most of its small vehicle production out of the United States to Mexico, which offers a lower-cost option for the less profitable and less popular models, which are still essential to meeting its Carbon dioxide targets.
Small auto move to Mexico won’t eliminate U.S.jobs, counters Ford CEO. “Of that, $4.8 billion goes to 11 facilities in MI”.
Seriously? No wonder Fields says it’s, quote, “really unfortunate when politics gets in the way of the facts”. It produces more vehicles in USA plants, and it employs more hourly workers here than any other automaker.
While Trump denounced the plans, Fields hit back in an interview with CNN confirming that no U.S.jobs will be lost as production of the Focus and C-Max shift from MI to Mexico.
The number of union jobs lost in the States to this move is zero.
CEO Mark Fields told investors in a September 13 conference call that the company “plans to eventually shift all North American small-car production from the United States to Mexico. even though the company’s production investments in Mexico have become a lightning rod for controversy in the presidential election”, according to a news report in the Detroit Free Press by reporters Greg Gardner and Brent Snavely. They will likely be larger, more profitable vehicles like the Ford Ranger pickup. “Now, cars are made in Mexico and you can’t drink the water in Flint”. That’s when The Detroit News first reported that the automaker would be shipping production of its Michigan-built Focus, C-Max and hybrids outside the country. But in a world of $2.25-a-gallon gas, surging American energy production and the increasing fuel-efficiency of new crossovers and SUVs, customers don’t need small cars to get the economy they seek.
Daniel Howes is a columnist at The Detroit News.