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The executive, Jim Farley, said that the prices of President Trump and automotive policies would increase prices and could force the car manufacturer to the work.
By Jack Ewing
Ford Motor can be forced to fire workers if the Trump administration puts an end to subsidies and other monetary for the manufacture of electric vehicles, the company’s general manager announced on Tuesday.
Ford has invested a lot in factories to produce electricity and electric cars in Ohio, Michigan, Kentucky and Tennessee, Jim Farley, CEO of Ford, in a convention in New York. If the Republicans repeal the law of the Biden era that assigned billions of subsidies and loans for projects, Mr. Farley said: “Many of those works will be in danger. “
Farley also strongly criticized President Trump’s risk to impose costs on cars and pieces in Mexico and Canada. Ford manufactures several cars in Mexico, adding the Maverick and Mustang Mach-Electric S. U. V. Microphone and engines in Canada.
“A 25% value through Mexico and the Canadian border will blow in the American industry that we have never seen,” said Farley, according to a transcription of his comments provided through Ford. “This freely provides discounts to South Korean and Japanese and European corporations that bring a million and a part to two million cars in the United States, which would be an issue for those Mexican and Canadian valuables. “
Mr. Farley’s comments at the Conference, which was organized through Wolfe Research, presented a rare example of an executive by wondering Trump’s policies or statements. In maximum cases, the leaders praised or remained silent, for worrying about causing reprisals from the president.
Even if you have challenged express policies, Farley congratulated the way Trump “spoke a lot to strengthen our US automotive industry, to provide more production here or innovation in the United States. ” This is to know now, the executive said, because a “world street fight” takes a position in the automotive industry, while Chinese brands approach abroad.
“If this management can, it would be one of the, I think one of the greatest signatures,” Farley said.
But he added: “Until now, what we see are many prices and a lot of chaos. “
Mr. Farley’s comments also underlined a policy with which the Republicans will face while looking for opposite democratic policies designed to announce electric vehicles. A giant component of factory investment has gone to the states of Congress and the districts represented through the Republicans whose electorate are those who lose their jobs.
Jack Ewing writes in the car when focusing on electric vehicles. Learn more about Jack Ewing
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