Made In America

[aknaten]

Another major producer is shifting all assembly to Mexico. How long can Elio hold out as an American company?

http://www.freep.com/story/money/ca...rd-shiftng-us-car-production-mexico/90355146/

 

[Ty]

Another major producer is shifting all assembly to Mexico. How long can Elio hold out as an American company?

http://www.freep.com/story/money/ca...rd-shiftng-us-car-production-mexico/90355146/

Wrong. Ford is NOT shifting ALL assembly to Mexico. They are moving the production of one car line so they can produce a truck at the same facility.

 

[electroken]

Our 2002 Ford Focus was manufactured in Mexico... in 2002.

 

[Ty]

Our 2002 Ford Focus was manufactured in Mexico... in 2002.

The article says Ford, with that move, has moved all their small car manufacturing (as the other two have), out of the country and are going to produce the Ranger on that particular line.

 

[booboo]

The Truck and SUV lines are most profitable for the big guys, thus the Ford carro pequeño move.
ELIO is different than Ford.
http://panmore.com/ford-motor-company-vision-statement-mission-statement

 

[Frim]

Another major producer is shifting all assembly to Mexico. How long can Elio hold out as an American company?

http://www.freep.com/story/money/ca...rd-shiftng-us-car-production-mexico/90355146/

"But he also said the company (Ford) must respond to a global shift away from personal vehicle ownership to one in which personal ownership will be challenged by on-demand shared mobility."
"Mark Fields, Ford CEO"

I think personal ownership will become the personal car such as the Elio

 

[RonnieB]

As long as this country allows for unfair trade agreements with low cost countries in addition to a 40% Corporate Tax rate this will sadly continue We are not friendly to business

 

[CrimsonEclipse]

If they were thinking long term, Ford would actually produce SUV's and Pickups in Mexico and smaller cars in the USA.

The next down turn/fuel crisis would cause Mexico to deal with the drop in sales of SUV's and USA to have steady income with economy cars.

(but what do I know?)

 

[Ty]

As long as this country allows for unfair trade agreements with low cost countries in addition to a 40% Corporate Tax rate this will sadly continue We are not friendly to business

But since Ford is based in the US, they pay taxes here at least. That isn't always the situation, right?

 

[Rob Croson]

But since Ford is based in the US, they pay taxes here at least. That isn't always the situation, right?

Apple is based in the US. Ask them how much tax they pay in the US.

Money earned overseas is usually held oversees in foreign accounts. That way the companies can avoid the taxes they would pay if they brought that money back into the US.

Check out the recent controversy with Apple and how they report most of their foreign income as being earned by their tiny little office in Ireland. Coincidentally, Ireland has laws that are very friendly toward that kind of thing. And it's completely legal. However, Apple also has to pay dividends and returns to their investors on that profit on which they are paying no tax. So they borrow heavily in the US to pay their investors their dividends. Meanwhile they thumb their noses at the government and say they won't being the money back into the US until the US changes the tax laws. Apparently the EU is trying to force Ireland to crack down on this kind of thing, and bring their laws in line with the rest of the EU, but Ireland is fighting it, and Apple is pissed as hell at the EU over it.