Ford Is Moving All Small Car Production To Mexico
Ford is shaking up its production in a move that is sure to be contentious: the auto manufacturer has announced that all small car operations will be relocated from the United States to Mexico.
The movie is due in large part to disastrous profit margins for small cars in the Ford lineup, with August 2016 being particularly devastating for the company. Hell, Ford isn’t even alone in these plans, as all three of Detroit’s major car manufacturers — General Motors, Fiat Chrysler, and Ford — are planning to move operations to Mexico.
“Over the next two to three years, we will have migrated all of our small car production to Mexico and out of the United States,” said Ford CEO Mark Fields during an investor conference in Detroit.
However, the silver-lining here is the move towards autonomous vehicles, as Fields comforted investors by letting them know that pickup truck business and van sales are as solid as ever, and those funds will help in the advancement of self-driving car technology.
“We see huge social economic and environmental benefits,” Fields said. “We’re focused on usage where miles traveled be. Autonomous vehicles will account for one of every 10 miles traveled by 2025.”
So while things aren’t exactly sunny for Ford right now, they do seem to have a plan for the future. The problem is the loss of jobs domestically. I’m sure this is going to become an issue in the election, but I guess we’ll see.
What do you think about Ford deciding to move small car production to Mexico? Sound off in the comments!
And for more automotive news, watch this video that explains why the Ford Focus RS both lives up to the hype and disappoints at the same time!