Ford CEO welcomes relief in rates, but says that more work is needed in commercial policies to stimulate growth

Ford CEO welcomes relief in rates, but says that more work is needed in commercial policies to stimulate growth

Louisville, Ky. – The best Ford Motor Company executive on Wednesday welcome Reviews to automatic import rules But he said that more work is needed to develop commercial policies that stimulate growth in the automotive industry of the United States.

The Ford CEO, Jim Farley, promoted the national production of his company, saying that he surpasses competitors, since he attended the launch of the company’s 2025 expedition SUV on its huge truck plant in Kentucky.

Farley focused on commercial policies during his comments to plant workers, one day after President Donald Trump signed executive orders to relax some of his 25% tariffs in cars and auto parts.

“The changes this week in rates plans will help relieve the impact of tariffs for car manufacturers, suppliers and consumers,” Farley said. “But this is what really matters to us. We need to continue working closely with the administration in a comprehensive policy set to support our shared vision of that healthy and growing automotive industry. And we are not there yet.”

Farley pointed out the Kentucky Ford truck plant, which employs almost 9,000 workers, as “a brilliant example of American manufacturing.” Ford has another car production plant in the city in Louisville. The venerable car manufacturer opened the truck plant for a multimedia tour on Wednesday, showing its synchronized assembly lines.

Farley pointed to Ford competitors in his speech, saying that if they coincided with the national Ford production level, it would be a blessing for manufacturing and employment in the United States.

“More than 80% of the vehicles that Ford sells in the United States meet in the United States, in addition to exporting significantly,” he said. “If each of our competitors coincided with that commitment, it would mean 4 million vehicles more gathered in the United States every year.

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“If our competition coincided with Ford and transferred the car assembly to the United States, that would match the production level of up to 15 new assembly plants like this, and that does not even tell the supplier’s pieces to support them. That would mean hundreds of thousands of new jobs in the United States.”

While Ford promises its national production, the car manufacturer continues to import vehicles and pieces from Mexico, as well as in Canada engines.

Trump signed an order on Tuesday that modified his previous automotive rates of 25%, which facilitates vehicles to assemble in the US. UU. With foreign parts to avoid prohibitive import taxes.

The main automobile companies recently said Sales increased sharply in MarchWith most two -digit profits reports. For some companies, the strong performance helped compensate for a slow beginning of the year. Some industry observers said that March numbers were expected to be higher due to some purchases before the early imposition of rates.

As discussions on trade and national production continue with the Trump administration, Farley requested policies that foster exports and reward companies as Ford to export products produced by the United States.

“Many of the vehicles we build here are exported throughout the world,” he said. “Should we not get credit for that? Those are American jobs. And we have to continue working on affordable pieces to ensure that these supply chains promote internal growth and affordable vehicles in our country.”

Ford also said Wednesday that it is extending its “employee prices” offer to vehicle buyers during the weekend of July 4. Farley said the offer has “hit an chord” with consumers.

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