Ford moving more production to Mexico

Warner Todd Huston reports at Breitbart,

Ford Motors has now announced it intends to move all its small car manufacturing lines out of Detroit and the U.S. and into its Mexico-based plants.

In a September 14 statement, Ford CEO Mark Fields insisted that in 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 added that Ford is investing an additional $4.5 billion to develop electric vehicles by 2020, most of which will be spent in its Mexico facilities. The company also said all emerging small car models will be made south of the border.

...Ford is hardly alone in the stampede to foreign nations. Chevy recently debuted its first Chinese-made SUV it intends to import into the U.S. But GM is already importing cars from a list of foreign countries. Buick, for instance, is importing from South Korea, Europe, and Poland, USA Today reports.

Ford is also joining the headlong rush to develop and manufacture driverless cars, and its Mexico facilities will be the locus for that advance, as well.

“We see huge social, economic and environmental benefits. We’re focused on usage where miles traveled be,” Fields said. “Autonomous vehicles will account for one of every 10 miles traveled by 2025, and will grow from 5% of all vehicles sold in U.S. in 2025 to 30% in 2030.”

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