Ford Investing $1.2 Billion in Three Michigan Factories

The transcript discusses a major announcement regarding job creation and protection in the U.S. automotive industry, with a focus on investments in Michigan. It covers the timing of the announcement, influenced by the Michigan Economic Development Corporation's meeting, and the role of government policies. The discussion also touches on the company's commitment to fuel efficiency standards and future plans for electrified vehicles. Coordination with the White House and the company's ongoing commitment to U.S. job growth are highlighted.

What is the total number of jobs protected at the Michigan Assembly plant due to the investment?

• 130 jobs

• 10,000 jobs

• 3,600 jobs

• 700 jobs

Why was the announcement made on the specific day mentioned in the transcript?

• To coincide with a new product launch

• Due to a meeting of the Michigan Economic Development Corporation

• Because of a change in U.S. tax policy

• To align with a UAW negotiation deadline

What was a key factor in the company's decision to continue with SUV and pickup production?

• A recent increase in fuel efficiency standards

• A sudden rise in consumer demand

• Commitments made in 2015 to the UAW

• A new partnership with a foreign automaker

How did the Trump administration's policies influence the company's investment decisions?

• By imposing tariffs on imported vehicles

• Through supportive pro-growth initiatives

• By mandating new environmental regulations

• By providing direct financial subsidies

What role does Mark Fields play in the company's relationship with the White House?

• He is the chief financial officer

• He is the lead engineer for electric vehicles

• He is part of the Manufacturing Council

• He is the head of marketing

What percentage of the company's sales in the U.S. are built domestically?

• 90%

• 80%

• 60%

• 50%

How many new jobs has the company created in the U.S. over the last five years?

• 10,000 jobs

• 18,000 jobs

• 28,000 jobs

• 36,000 jobs