Jump to content

MyCarForum Logo
Search
Magnifying glass

SEARCH

0

Ford gets thumbs up from Obama for job creation

By SYF77 on 22 Jan 2012

Attached Image

For years, the Detroit Three have moved production out of their U.S plants to avoid the high cost of union labor. In October 2011, Ford Motor Co. signed a tentative labor contract with the United Auto Workers (UAW) union that partly reverses that trend. The new four-year contract includes adding 12,000 hourly jobs at its U.S facilities over the next four years as a result of relocation of production from Mexico, Japan and China back to America.

Attached Image: barack_obama.jpg

The move by Ford has earned itself praises from no less than the US President himself, Barack Obama. Mr Obama sited Ford as an example of companies that are bringing jobs back to the US and contributing to the growth of its economy. At the same time, he also credited the effort to the UAW for making the deal possible. In the next few weeks, the President plans to introduce new tax proposals to reward companies that are investing in the US and cut tax breaks for companies that are moving their operations out of the US.

An underutilized factory in Flat Rock, Michigan will help build the next generation Fusion mid-sized car that to date has been produced only in Mexico. Another Ford plant in Kentucky will assemble commercial vans that the company now builds in Turkey. All of the new hires are expected to earn slightly more than half of what the veteran auto workers get. This is to ensure that the US is cost competitive against its foreign rivals.

discussions, other news, america and 6 more...

Viewed: 407 times

Related Blog Posts
SYF77
Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.



 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
Driving an old car with almost no modern features in it? Or just love adding new accessories for...
POPULAR BLOG POSTS
Photo
Volkswagen's chief executive Matthias Muller believes that for the next 20 years, traditional...
Photo
A journalist in Taiwan is said to have crashed a Honda NSX during a test drive. The driver blames...
Photo
The younger generation might wonder how and why COE for Singapore vehicles came about. Find out w...
Photo
The seven-time Formula One champion Michael Schumacher is still unable to walk, nearly three year...
Photo
In order to raise funds, Proton might be selling the British brand to save itself. Almost 20 othe...
   Lifestyle Articles