Tuesday, April 10, 2018

Q's Drop - China, Ford, Tariffs, Ford US Start


 Q !xowAT4Z3VQ ID: 83ca4f 978017






https://www.nytimes.com/2014/04/09/business/international/chinas-embrace-of-foreign-cars.html?mtrref=qanon.pub&gwh=B179DD7ABD1519825C100410C31DCB18&gwt=pay

 Anonymous ID: 65b2f8 978080
>>978017
>.nytimes.com/2014/04/09/business/international/chinas-embrace-of-foreign-cars.html

First word in the article is
CHONGQING, viz.:

CHONGQING, China — For more than a decade, Chinese automakers have been talking about starting large-scale exports to North America and Europe, prompting periodic worries in the West that companies like General Motors, Ford and Volkswagen might be crippled by Chinese competition the way they were by Japanese imports a generation ago…

 Q !xowAT4Z3VQ ID: bbd970 978771
Clarify.
Chongqing.
Tuesday.
Demand.
Xi.
Confirm tariff reduction.
Tuesday (China).
Cars.
Article provides foundation.
Major import.
Ford.
US.
Start.
Q

https://www.freep.com/story/money/cars/2018/04/10/new-ford-focus-unveiled-overseas-made-china-germany/501696002/
Ford Motor Co. unveiled its new Ford Focus compact car in China and Europe on Tuesday, emphasizing the global importance of the passenger car in a product line dominated by sport utility vehicles and pickup trucks, particularly in the U.S.
And, amid international debate about new tariffs, Ford confirmed the vehicle will no longer be made in the U.S. but exclusively in Chongqing, China, and Saarlouis, Germany.
The landscape illustrates the nexus of the shift from cars to trucks and SUVs and globalization.
In May 2018, the Michigan Assembly Plant in Wayne will stop making the Focus and be retooled and devoted to the Ford Ranger and Bronco. Meanwhile, the company is focused on tailoring vehicles to individual markets worldwide while cutting costs by reducing design options.
http://money.cnn.com/2018/04/10/news/economy/china-cars-tariffs/index.html

Chinese President Xi Jinping's pledge to lower tariffs on US cars sounds like great news for American workers and companies.

In some respects, it is.
US auto exports to China have already been surging, despite the current 25% tariff. In 2017, the United States sent $10.5 billion of cars — new and used — to China, up from $1.1 billion in 2008, according to the US Census Bureau. Last year's exports were up from $8.8 billion in 2016.
https://www.bloomberg.com/news/articles/2018-04-10/ford-revamps-focus-escort-for-china-push-as-trade-tensions-sear
  • Company to compete ‘selectively’ in car segments, Farley says
  • China trade spat threatens plan to import the model into U.S.
As Ford Motor Co. rolls out a redesigned version of its Focus compact car in China and Europe, it’s also debuting a strategy to be more choosy about which buyers it battles for and where.
The automaker took the wraps off upscale grades of the car in London including the Focus Vignale, expanding the lineup of its premium sub-brand in Europe. Ford introduced sportier ST versions of the Focus in China, which will start exporting the model to the U.S. beginning next year.
#ford #china #USA #yariffs #trades #cars #newfocus #fordfocus #morejobs
#newplants #china #usa #trump #xijinping

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