Automaker Ford has announced plans to import more of its vehicles to the US from China. Beginning in 2019 Ford Focus production for then US market will be shifted to China, where the automaker already manufactures the model for the Chinese market. The move is part of a broader plan by Ford, which also includes building new plants and expanding existing ones around the world. Ford also said Tuesday that it plans to invest $900 million in its Kentucky Truck Plant in Louisville to make the new, aluminum-sided Ford Expedition and Lincoln Navigator SUVs. The move will save the company $1bn, according to Joe Hinrichs, Ford's president of global operations. Ford says the change will not result in job losses as the factory where the Focus is currently made will be reconfigured for the manufacture of Ford Ranger pickups and Ford Bronco SUVs in 2018.
Automaker Ford has announced plans to import more of its vehicles to the US from China. Beginning in 2019 Ford Focus production for then US market will be shifted to China, where the automaker already manufactures the model for the Chinese market. The move is part of a broader plan by Ford, which also includes building new plants and expanding existing ones around the world. The move will save the company $1bn, according to Joe Hinrichs, Ford's president of global operations. Ford says the change will not result in job losses as the factory where the Focus is currently made will be reconfigured for the manufacture of Ford Ranger pickups and Ford Bronco SUVs in 2018.