Click it and Unblock the Notifications
Latest News
-
Rapid Recovery In Used Car Market As Sales Times Halve, Says HonkHonk -
Kia UK Celebrates Renewed Great Place To Work Certification -
Electric Vehicle Drivers Could Gain Hundreds Of Miles Yearly With Proper Tyres -
Royal Enfield Unveils Revolutionary Rentals & Tours Service: Check Out All Details Here -
MG Motor UK Unveils Cyberster Trophy And GT: The Future Of Luxury EV Roadsters -
Bentley Motors Debuts Mulliner Bespoke Creations At Auto China 2024 -
UK CV Production Achieves Best First Quarter Since 2008 Amidst Export Surge -
Everrati's New B2B Division Sees Surge In Global Luxury Brand Deals -
Bajaj To Offer Chetak Electric Scooter At Lower Price Point: All Details Here -
Isuzu UK Teams Up With ARB UK For New ARB HUB Dealer Programme
Ford To Shift Small Car Production Unit From US To Mexico
Ford will be shifting its small car manufacturing unit from the US to Mexico, Ford Motor Co Chief Executive Officer Mark Fields said that all of the company's small car production will be departing the US and moving to low-cost Mexico.
Earlier this year Ford stated that it will invest $1.6 billion in Mexico for small car production to begin in 2018. The relocation of production unit was supposed to happen next year before 2018. Fields also mentioned that Ford will shift the majority of small cars production around the world to low cost countries.
The main reason for this change is, US customers have switched to SUVs and pickup trucks rather than traditional hatchbacks and sedans. Fiat Chrysler Automobiles too hinted a similar move earlier.
However according to United Auto Workers President, Dennis Williams, in the future there is always a risk of the rise in the price of gasoline fuel, then customers will once again prefer smaller cars over the bigger SUV's and pickup trucks.
