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Ford bets on low oil prices, moves 'Focus' production to China

The move suggests China could play a much larger role in future vehicle production for North America

Reuters  |  Detroit | Washington 

Ford Motor Co said on Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States (US) in a long-term bet on low oil prices and stable US-China trade relations despite recent tensions. The move suggests China could play a much larger role in future vehicle production for North America, perhaps eclipsing Mexico as a low-cost manufacturing source. Ford painted the production shift from Mexico to China, slated for mid-2019, as a purely financial move that will save the company $500 million in reduced tooling costs. But Ford ...

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First Published: Wed, June 21 2017. 16:21 IST
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