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Trump threatens huge tax for Mexican-built Fords
Wed, Jun 17 2015Donald Trump announced his candidacy for president on Tuesday. So what would be one of the first things he would do if elected? Tax the heck out of Ford. According to The Detroit News, Trump advocated instituting a specific tax against Ford products built in Mexico during a speech in New York. Rather than incentivize US production, the outspoken billionaire's proposal would penalize Mexican-built Ford vehicles and parts by 35 percent upon purchase. That would ostensibly raise the base price of a Mexican-built Ford Fiesta from $13,965 to over $18,800, and a Lincoln MKZ from $35,190 to over $47k. He apparently made no mention of applying the same or a similar penalty to other vehicles or products imported across the border, or from other countries, raising serious questions about the legality and feasibility of instituting and enforcing the proposed measure. Trump's remarks arrived against the backdrop of a shift in automobile production from the United States into Mexico – and specifically Ford's recent announcement that it was investing $2.5 billion and creating 3,800 jobs for its Mexican operations. Of course the Blue Oval isn't the only automaker shifting production across the border and still invests heavily in its US operations. "We are proud that we have invested $6.2 billion in our U.S. plants since 2011 and hired nearly 25,000 U.S. employees," Ford spokesperson Christin Baker told The Detroit News. "Overall, 80 percent of our North American investment annually is in the U.S., and 97 percent of our North American engineering is conducted in the U.S." Though Trump has generally stood against over-taxation, he's been a staunch critic of free trade agreements like NAFTA that shift American jobs overseas. Fortunately for Ford, though, America's combover-in-chief stands about as much chance of being elected to the White House as Dearborn stands of reviving Mercury or Edsel. Related Video:
GM, Ford and Fiat Chrysler set target date for restarting production
Tue, Apr 28 2020The parking lot stands empty at Fiat Chrysler's sprawling Belvidere, Ill., assembly plant. / Getty Images  General Motors, Ford and Fiat Chrysler Automobiles are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported. Executives from the companies in recent days tentatively settled on the timeline following talks with United Auto Workers (UAW) leaders and Michigan Gov. Gretchen Whitmer's office, the Journal said on Monday, citing people familiar with the plans. The head of the UAW union last week warned it was "too soon and too risky" to reopen auto plants and Michigan's economy in early May, citing risks to workers. The companies are working with the union on drawing up safety protocols for reducing exposure risk for workers, but haven't finalized those terms yet, according to the WSJ report. GM, Ford, Fiat Chrysler and UAW did not immediately respond to Reuters requests for comment.  Plants/Manufacturing Chrysler Fiat Ford GM coronavirus
Ford C-Max Solar Energi takes a recharging station wherever it goes
Wed, 08 Jan 2014Companies ranging in size from small startups to major automakers have been experimenting with solar-powered charging stations for EVs and plug-in hybrids. And, of course, people have been powering vehicles with onboard solar panels for quite some time, too. Still, Ford's new C-Max Solar Energi Concept shows the promise of a truly practical implementation of solar on a production vehicle, and it may not be as far off in the future as we had thought.
As we reported a few days ago, the Solar concept makes use of a "concentrator lens" that focuses sunlight onto the Ford's roof-mounted solar panels. The special lens follows the rays of the sun to maximize the amount of charge being fed to the batteries of the car, taking about a day to fully charge the 21-mile, all-electric range of the C-Max Energi. Ford data suggests that combination might be enough to power 75 percent of all trips made by a statistically average driver. In turn, using the sun to power a vehicle could reduce yearly C02 emissions by up to four metric tons when compared with the driver of an average gasoline-powered sedan.
We've got live images of the C-Max Solar Energi Concept, jauntily tilted on its display to best present it's signature solar panels, straight from the CES floor.
