Trump-Ford Called to Say It's Keeping SUV Plant in Kentucky? Was it Moving?

Well the plant is staying in the US, and Trump sounds like he had something to do with this decision.

But the story goes on to say that the Ford wasn't moving the plant anyway.

This is a little confusing, did Trump have some inside knowledge?

Or is this just smoke?

President-elect Donald Trump said Ford Motor Co. will be keeping a Lincoln plant in the U.S. instead of moving it to Mexico.

“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,” Trump wrote in posting on Twitter.

Ford builds the Lincoln MKC small sport-utility vehicle at its Louisville Assembly Plant in Kentucky alongside the Ford Escape SUV. Ford has never said it was considering moving MKC production to Mexico, where it builds the Lincoln MKZ sedan at its factory in Hermosillo.

Trump has criticized Ford for planning to move all its North American small-car production to Mexico, where wages are 80 percent lower than in the U.S. During the campaign, he threatened to slap Ford’s Mexican-built cars with a 35 percent tariff. He also said he would terminate the North American Free Trade Agreement, which lets goods flow between Mexico, the U.S. and Canada without tariffs.

Ford confirmed late Thursday it has told Trump its Lincoln SUV made at the Louisville assembly plant will stay in Kentucky.

“We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the U.S.,” the automaker said in an e-mailed statement.

www.bloomberg.com...

originally posted by: seasonal
Well the plant is staying in the US, and Trump sounds like he had something to do with this decision.

But the story goes on to say that the Ford wasn't moving the plant anyway.

This is a little confusing, did Trump have some inside knowledge?

Or is this just smoke?

President-elect Donald Trump said Ford Motor Co. will be keeping a Lincoln plant in the U.S. instead of moving it to Mexico.

“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,” Trump wrote in posting on Twitter.

Ford builds the Lincoln MKC small sport-utility vehicle at its Louisville Assembly Plant in Kentucky alongside the Ford Escape SUV. Ford has never said it was considering moving MKC production to Mexico, where it builds the Lincoln MKZ sedan at its factory in Hermosillo.

Trump has criticized Ford for planning to move all its North American small-car production to Mexico, where wages are 80 percent lower than in the U.S. During the campaign, he threatened to slap Ford’s Mexican-built cars with a 35 percent tariff. He also said he would terminate the North American Free Trade Agreement, which lets goods flow between Mexico, the U.S. and Canada without tariffs.

Ford confirmed late Thursday it has told Trump its Lincoln SUV made at the Louisville assembly plant will stay in Kentucky.

“We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the U.S.,” the automaker said in an e-mailed statement.

www.bloomberg.com...

The plant was never moving. It was switching what it was producing.

a reply to: seasonal
Ford might say they didn't intend to move production... but what does this say?

Ford Motor said Wednesday it is shifting all of its U.S. small car production to Mexico, a development that drew fresh criticism from Republican presidential nominee Donald Trump.
Ford's declaration came as CEO Mark Fields sought to appeal to investors. "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," Fields told a meeting in Dearborn, Mich., where the company is based.

USA Today

Let's see if this move continues also.

a reply to: butcherguy
In a way though, were those jobs ever at threat then? Don't get me wrong the more jobs stay the better. But the release says they are simply switching production at the current plant. Would that mean they are still opening up a production facility(ies) in Mexico??? That tells me they are continuing to expand and add to growth, which translates to stronger stock price performance over the next few years.

a reply to: butcherguy

Is this supposed to be so unclear?

Or is this is everything in flux cause HRC was supposed to get the POTUS and status quo was supposed to let the manufacturing continue it's exit at the alarming rate it has been since 1996?

Maybe Trump being elected has dropped a baby ruth in the pool for the multi nationals.

a reply to: seasonal

He's a liar and always takes credit for things he has nothing to do with. Clearly Ford had no intention of moving.

Ford to Add 2,000 Jobs, Invest $1.3 Billion in Louisville’s Kentucky Truck Plant for 2017 Super Duty Production

That was announced in 2015.

a reply to: butcherguy

Different plant than the one Trump is trying to take credit for.

originally posted by: Kali74
a reply to: seasonal

He's a liar and always takes credit for things he has nothing to do with. Clearly Ford had no intention of moving.

Ford to Add 2,000 Jobs, Invest $1.3 Billion in Louisville’s Kentucky Truck Plant for 2017 Super Duty Production

That was announced in 2015.

Here is the date from butcherguy's source

9:05 p.m. EDT September 14, 2016

So who is really lying?

a reply to: Kali74

I don't find Trump to be a liar, what I do find is he seems to know things weeks/months before everyone else.

During his campaign, we saw this few times.

He's a liar and always takes credit for things he has nothing to do with. Clearly Ford had no intention of moving.

Ford to Add 2,000 Jobs, Invest $1.3 Billion in Louisville’s Kentucky Truck Plant for 2017 Super Duty Production

That was announced in 2015.

originally posted by: Kali74
a reply to: butcherguy

Different plant than the one Trump is trying to take credit for.

I was not hiding a thing.
My point is that Ford was planning on moving production of all of its small cars out of the country.
When it is in our country, the production uses US workers.

When it is in Mexico, it uses Mexican workers.
Let's see what Donald Trump and Ford Motor Company does about this plant.
Will we see tariffs or threats of tariffs?
Will we see Ford keep that production in the US now too?

a reply to: Kali74

Right around the time Trump was heavily criticizing corporate moves.

Hmmm.

He's not even President yet. Crazy the amount of heat he is taking right now. I have never seen this level of heat put on someone who is not even in office yet. Just stupid.

So far he has done everything he said he would do when everyone said no way. He won and did it his way using unconventional methods the media and average people do not understand because they are functionally low level thinkers.

a reply to: butcherguy

I didn't say you were hiding anything lol.

a reply to: butcherguy

Ford is still moving production of the cars. The plant is not moving. It's going to produce different vehicles.

The whole thing is falsely claimed.

originally posted by: worldstarcountrywhich translates to stronger stock price performance over the next few years.

Stock price performance is only meaningful if you're a heavy investor. The average American doesn't give 2 hoots about wall streets efficacy when they have to choose between food on the table or a full tank of gas.

originally posted by: Kali74
a reply to: butcherguy

I didn't say you were hiding anything lol.

No, you didn't. I just wanted to be upfront about what I was putting out there.
I didn't intend to blame you for saying that I was.

a reply to: butcherguy
How in the world is Ford going to eat the cost of the state of the art plant they built in Mexico? This was all to take advantage of very cheap labor, some argue slave wages.
Is they are forced to keep/move back to US how are they going to make any profit?

When it is in Mexico, it uses Mexican workers.
Let's see what Donald Trump and Ford Motor Company does about this plant.
Will we see tariffs or threats of tariffs?
Will we see Ford keep that production in the US now too?

Well that is good news. I guess Ford getting a call from the president showed that Trump actually cares and that kind of stuff gets results. Would Obama or Bush have called the factory direct? I doubt it. They would have a lawyer draft up a letter which would get tossed into the trash.

originally posted by: luthier
a reply to: butcherguy

Ford is still moving production of the cars. The plant is not moving. It's going to produce different vehicles.

The whole thing is falsely claimed.

Could you supply a link to show that statement is real? Any evidence at all will be fine.

originally posted by: seasonal
a reply to: butcherguy
How in the world is Ford going to eat the cost of the state of the art plant they built in Mexico? This was all to take advantage of very cheap labor, some argue slave wages.
Is they are forced to keep/move back to US how are they going to make any profit?

When it is in Mexico, it uses Mexican workers.
Let's see what Donald Trump and Ford Motor Company does about this plant.
Will we see tariffs or threats of tariffs?
Will we see Ford keep that production in the US now too?

If the tariffs are high enough, they won't have a choice. In the end, they won't eat it.... we will pay more for the cars.
We lose either way.