Skip to main content

The Ford Focus is dead in the US because of Trump’s trade war

Ford just announced that it’s abandoning plans to sell the Focus Active — which the company makes in China — in the United States because of tariffs imposed by the Trump administration. The car was supposed to be one of two models that Ford planned to sell in the US going forward as it shifts its lineup to be almost exclusively SUVs and trucks. Now, the only car Ford will sell in the US is the Mustang.

The 25 percent tariff on cars that are assembled in China has made a “very difficult business case for [Ford], so we’re choosing to deploy these resources elsewhere,” Kumar Galhotra, Ford’s president of North America, said on a conference call on Friday morning. Ford is in the middle of a years-long restructuring that it expects will cost...

Continue reading…



from The Verge - All Posts http://bit.ly/2Pn2lmF

Comments

Popular posts from this blog

Nissan’s electric microcar will come with 20 kWh battery and driver assists, to debut in 2022

via Firstpost Tech Latest News https://bit.ly/3gEkEUF

The first Mandalorian trailer brings a little Mad Max to Star Wars

Image: Lucasfilm The first public trailer for Jon Favreau’s highly anticipated Star Wars series The Mandalorian has arrived, and it looks fantastic. Although a similar trailer was shown at Star Wars Celebration, it was never made available to the public. The trailer opens with helmets on stakes, and ominous shots of people hanging out in the desert. Then it moves into Star Wars action — fighting spaceships, battling droids, and face-to-face confrontations. It certainly feels freakier than a traditional Star Wars movie, but it also feels extremely Star Wars . The Mandalorian is one of the biggest launch titles coming to the new streaming service Disney+ . It’s heavily inspired by fan-favorite character Boba Fett and his father, Jango. The new Mandalorian... Continue reading… from The Verge - All Posts http://bit.ly/324UVel