Ford Cancels Mexico Small Car Plans

Angie Massey
June 20, 2017

It plans to export the Navigator to China and has contingency plans to build more of the big SUVs at an OH plant if demand grows. Future models could also be imported from Europe in the future.

Initially, Ford said it would build the Focus at a new plant in $1.6 billion to build a new plant in Mexico and create 2,800 jobs.

DETROIT (AP) — Ford Motor Co. will export vehicles from China to the US for the first time starting in 2019.

China has emerged as a key market for Tesla, which saw its China revenues surpass $1 billion past year, more than tripling the electric auto manufacturer's 2015 revenue and making the Chinese market its largest, in terms of sales, after the U.S.

He said Ford planned to inform the White House this morning.

Shares of Ford dipped 0.4% to 11.19 on the stock market today, continuing a test of the 50-day moving average.

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"We expect no immediate impact on our levels of employment as a result of this decision", Ford de Mexico said in a statement after being asked by Reuters how the announcement would affect its plant in Hermosillo in northern Mexico. That decision came under intense political scrutiny from then presidential candidate Donald Trump. The Wayne plant will begin building a new Ranger midsize truck in late 2018 and a Bronco midsize SUV in 2020.

General Motors Co (GM.N) has been exporting Buick and Cadillac cars from China to the United States, as has Volvo Cars, a unit of Chinese automaker Geely (0175.HK).

In its statement Tuesday, Ford took pains to highlight that "no US hourly employees will be out of a job tied to the new manufacturing plan" even as production in MI of the current Focus model is set to end in mid 2018.

Ford on Tuesday said it would invest $900 million at its Kentucky truck plant to build the redesigned Ford Expedition and Lincoln Navigator full-size SUVs this fall.

The US automaker will start making the next-generation Focus in China from the second half of 2019, a year after output ends at one of its plants in Michigan.Ford's savings will come from cancelling plans to assemble the vehicle at an existing factory in Mexico and a decision made in January to abort construction of a plant in Mexico.

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