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: 485 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
Purchase MPM engine oils and stand a chance to win $500 cash and a three-year supply of MPM...
POPULAR BLOG POSTS
Photo
Koenigsegg has taunted their French rivals by posting a photo of an Agera RS with a caption sayin...
Photo
Impressed with what the red Subaru WRX from the movie "Baby Driver" can do? Here's yo...
Photo
Demand for diesel vehicles in Germany has declined so much that dealers have S$6.8 billion w...
Photo
The British firm's first EV could go into production as early as 2019 and will build on EXP12...
Photo
Subaru has released a couple of photos of its new concept car, the Viziv Performance Concept. Is...
   Lifestyle Articles