Ford’s Fields on Mexico Plant, Michigan Jobs, Trump, EVs

The transcript discusses Ford's decision to cancel a new plant in Mexico due to declining demand for small vehicles in North America. Instead, Ford will invest $700 million in its Flat Rock, Michigan plant, creating 700 jobs. The conversation also covers the potential impact of a border tax adjustment on Ford's business, emphasizing the importance of exports. Ford aims to establish a positive relationship with the incoming administration, seeking trade and tax reforms. Additionally, Ford announces a $4.5 billion investment in electrified vehicles, planning to release 13 new models over the next five years.

Why did Ford decide to cancel the new plant in Mexico?

• To reduce costs

• To focus on electric vehicles

• Because of pressure from the President-elect

• Due to a decline in demand for small vehicles in North America

What was the main reason Ford communicated with the President-elect?

• To discuss tax reforms

• To announce their investment in Michigan

• To negotiate trade deals

• To seek approval for a new plant

How many new jobs is Ford planning to create in Michigan?

• 500

• 700

• 1000

• 1500

What percentage of Ford's sales in the U.S. comes from vehicles produced domestically?

• 60%

• 50%

• 80%

• 90%

What is Ford's stance on the proposed border tax adjustment?

• They fully support it

• They are analyzing its impact

• They are against it

• They have no opinion

How much is Ford investing in electrified vehicles?

• $3.5 billion

• $2.5 billion

• $4.5 billion

• $5.5 billion

How many electrified vehicles does Ford plan to introduce in the next five years?

• 20

• 13

• 10

• 15