The CEO of Ford Motor Co., Mark Fields has said that he’s willing to work with Donald Trump if the right policies are put in place.
Mark Fields is advocating free and fair trade and makings sure fuel-economy standards reflect the real world. He’s also hoping for tax reform which would make production of the Ford vehicles in the U.S. more financially viable.
Trump has already made one phone call for Bill Ford, the Executive Chairman of Ford, and convinced him to continue building the Lincoln plant rather than moving it to Mexico. Trump has threatened to slap on a 35% tariff tax to vehicles built in Mexico.
Trump’s had big success in Indiana where Carrier revealed plans to cut 1,400 jobs and move them to Mexico. Trump was able to convince Carrier to keep the jobs in Indiana, saving over 1,000 jobs.
In Mexico wages are 80% lower than in the U.S. and global automakers have so far invested over $24 billion since 2010. Vehicle production in Mexico is expected to rise from 2 million to 5 million vehicles per year.
In related news Donald Trump has announced that Mary Barra , General Motors CEO, has been invited to form part of a panel advising him on economic matters and job creation.
“I’m pleased to join President-elect Donald J. Trump’s Strategic and Policy Forum because it offers us a seat at an important table where we can contribute to a constructive and open dialogue about key policy issues,” said Barra in a statement earlier this week.
The panel, which will include 16 prominent business leaders, will meet regularly with President-Elect Trump, advising him on economic growth and other business matters.
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