WUOMFM

Ford Motor Company

The Ford Focus
Ford Motor Company

In the rhetorical battle between President Donald Trump and Ford Motor’s investors, the president is losing.

The Blue Oval is moving American production of the Focus to China – presumably because shipping it to Mexico from Michigan wasn’t sufficiently controversial.

For the first time, a Detroit automaker will, quote, “globally source” an established model and use Chinese labor to assemble it for sale to American consumers. Let the tweet storm commence – or not, as it turns out.

red ford focus
Asya Apelsin / FLICKR - HTTP://J.MP/1SPGCLO

Ford has announced for the third time where the next generation of the Ford Focus car is going to be assembled: China.

Daniel Howes tells Stateside what this means for the city of Wayne, where the car model is currently being assembled. He also talks about potential future moves for Ford.

The Ford Focus
Ford Motor Company

Ford Motor Company will export vehicles from China to the U.S. for the first time starting in 2019.

The company announced Tuesday the plan to export the next-generation Focus from China rather than Mexico, as previously planned. Production of the Focus will phase out of Wayne, Michigan in mid-2018.

Joe Hinrichs, president of Ford's global operations, says the move will save the auto maker $1 billion, including $500 million from canceling a new plant in Mexico that was intended to build the Focus.

satellite map of Michigan, the Great Lakes
National Oceanic and Atmospheric Administration (NOAA)

The Trump Administration released its proposed federal budget. The Great Lakes Restoration Initiative would get zero dollars if the plan is approved as is. Over the past seven years, it received $2.2 billion in funding to preserve the Great Lakes.

Morning Edition host Doug Tribou and senior news analyst Jack Lessenberry discuss how that cut could affect Michigan residents.

Ford Motor Company's headquarters in Dearborn.
Ford Motor Company

He has headed up the world's biggest office furniture company and hired Jim Harbaugh as head football coach at the University of Michigan.

Now, Jim Hackett is replacing outgoing CEO Mark Fields as the new head of Ford Motor Company.

Ford Motor Company's headquarters in Dearborn.
Ford Motor Company

Ford has reportedly come up with an answer to its lackluster stock performance: shed jobs.

The Wall Street Journal reports that Ford is getting ready to cut about 10% of its workforce to help boost its stock price.

Reuters further reported that those jobs will come from salaried workers in North America and Asia, not hourly workers.

Ford Motor Co. headquarters
Ford Motor Company

The Ford Motor Company is planning to cut its global workforce by about 10%.

The Wall Street Journal reports that the cuts aim to boost the company's profits and stock price. The report states that the company's stock has fallen in the three years since Mark Fields become CEO.

Auto sales fell in March and April, with Ford falling 7.2% in year-over-year sales.

General Motors headquarters in Detroit.
Jodi Westrick / Michigan Radio file photo

Recent reports show that auto sales have slipped more than expected. That’s the fourth month in a row of declining sales.

And Wall Street responded. Share prices of the big three took a hit.

Lester Graham / Michigan Radio

Auto companies posted their second consecutive monthly sales decline in April.

Some analysts believe this is a sign the automakers’ seven-year winning streak is coming to an end.

Since 2010, Ford, General Motors and other automakers have seen their monthly sales grow and grow. Automakers sold a record 17.55 million vehicles in 2016.  

However, the car companies have been relying more and more on discounts and deals to bring buyers in.   But even that hasn’t been enough lately.

Case in point: April, which was not a good month for the auto companies.

The Tesla Model S, first introduced in June 2012
Tesla Motors

Here’s the latest Detroit indignity: Tiny Tesla, the electric automaker, is felling giants.

The Silicon Valley startup created in 2003 is worth more in market value than the American industrial icon founded exactly 100 years earlier by Henry Ford, the premier innovator of his time.

Tesla’s not far behind General Motors, either. The promise of game-changing innovation, the hope that someone new can crack the emissions-free code is causing tons of smart money to flow into Chairman Elon Musk’s Tesla.

Nearly $49 billion-worth, to be precise.

A Tesla electronic car at a charging station
Austin Kirk / Flickr - http://j.mp/1SPGCl0

It's a tiny company packing a big punch with investors.

Electric car maker Tesla now has a higher market value than Ford. It's just behind General Motors at the top of the list. 

Ford Motor Co. headquarters
Ford Motor Company

U.S. automakers sold 1.56 million new cars and trucks in March. That's down 1.6% from this time last year.

Ford Motor Co. headquarters
Ford Motor Company

Forget the “Lost Decade.”

Profitable automakers racing for the new-new thing of mobility are starting to create the "Next Decade." On one track are the likes of General Motors and Ford Motor, each booking record profits on the strength of trucks and SUVs. On the other track is a whole new world with the power to change the perception – and reality – of Michigan as we know it.

Steve Shotwell / Flickr - http://j.mp/1SPGCl0

Daniel Howes' column today in the Detroit News looks at some decisions by Ford Motor Company, and what they say about the future of the auto industry and Michigan.

Howes wrote about Ford’s investments in three plants, including an engine plant, and one retooling to make the returning Ford Ranger and Bronco. But he says it's what’s happening with that third investment that says a lot about what Ford is doing. 

American and Chinese flags
U.S. Department of Agriculture / Flickr - http://bit.ly/1rFrzRK

President Donald Trump wants U.S. automakers to build their vehicles in the United States. U.S. carmakers want him to ease up on upcoming emissions regulations.

That's the framework for the president's visit with auto leaders today in Ypsilanti. The visit comes right on the heels of Ford's announcement that its luxury Lincoln unit will start building SUVs in China with a local partner.

GM Building in Detroit
ANDREA_44 / FLICKR - HTTP://J.MP/1SPGCL0

The big story from General Motors is its decision to bail on the European market by selling off its Opel and Vauxhall units to the French PSA Group.

Detroit News business columnist Daniel Howes thinks there will be more to come in this worldwide automotive "dating game."

Jeso Carneiro / FLICKR - HTTP://J.MP/1SPGCL0

In the 1920s, demand for rubber shot way up. With more cars being made, the auto manufacturers needed rubber for tires, hoses and other things.

Henry Ford decided he would go right to the source for his rubber. In 1928, he planned a rubber tree plantation and what essentially was a model Midwestern town along the Amazon River in Brazil.

He called it Fordlândia.

Ford Motor Company's headquarters in Dearborn.
Ford Motor Company

Ford Motor Company plans to build a $200 million aerodynamic testing facility in suburban Detroit.

The Dearborn-based automaker announced Wednesday that the wind tunnel complex will be on 13 acres next to Ford's current Driveability Test Facility in Allen Park.

In an announcement, the company highlighted consumers' desire for improved fuel economy:

Steve Shotwell / Flickr - http://j.mp/1SPGCl0

During the presidential campaign, candidate Donald Trump blasted Ford Motor Company for building cars in Mexico. But despite the rocky start, a recent Bloomberg piece explains how Bill Ford, Jr., executive chairman of Ford Motor Company, is trying to maintain a relationship with the president.

President Barack Obama in Detroit on Labor Day in 2011.
screen grab from YouTube video

President Barack Obama leaves office tomorrow and he leaves behind a complicated legacy when it comes to the auto industry.

Detroit News business columnist Daniel Howes reviews Obama’s relationship with automakers in his latest column.

The Honda Ridgeline won the 2017 North American Truck of the Year.
Mark Brush / Michigan Radio

Reporters from around the world have spent the week checking out the offerings at the North American International Auto Show.

Today, suppliers got their turn. The black-tie charity preview is tomorrow night and Saturday morning, the doors at the Cobo Center open to the public.

Paul Eisenstein is the publisher of TheDetroitBureau.com and he joined Stateside to talk about the buzz surrounding this year's auto show, a major shift in the industry and the latest news about Chrysler getting in trouble with the EPA. 

President Donald Trump
Gage Skidmore / Flickr - http://j.mp/1SPGCl0

There's been something besides the shiny new cars, SUVs and trucks grabbing attention this week at the North American International Auto Show.

That something is the uncertain future for the auto industry under incoming President Donald Trump.

Detroit News business columnist Daniel Howes joined Stateside to talk about some of the anxiety that exists in the auto industry and what some experts are saying about a potential repeal of NAFTA (North American Free Trade Agreement)

According to Daniel Howes, if automakers have to pay more in taxes and tariffs for building outside the U.S., the cost of vehicles could go up for American consumers.
Fiat Chrysler Automobiles

The U.S. auto industry came into the crosshairs of President-elect Donald Trump's Twitter feed this week. Trump aimed a Tweet straight at General Motors, grumbling about GM's building of the Chevy Cruze in Mexico.

Jack Lessenberry
Michigan Radio

Ford changed gears yesterday, with an announcement that it's canceled plans for a new factory in Mexico and will instead invest $700 million in its Flat Rock plant in Michigan. This Week in Michigan Politics, Morning Edition host Doug Tribou and senior news analyst Jack Lessenberry talk about whether pressure from President-elect Donald Trump influenced that decision.

They also talk about former state Senator Gretchen Whitmer's announcement that she plans to run for governor of Michigan in 2018, and new Macomb County Public Works Commissioner Candice Miller's response to the massive sinkhole in the city of Fraser. 


Andrea_44 / Flickr - http://j.mp/1SPGCl0

President-elect Trump was busy on Twitter Tuesday morning, this time firing a warning shot across the bow of General Motors.

To quote Mr Trump: "General Motors is sending Mexican made model of Chevy Cruze to US car dealers-tax free across border. Make in U.S.A or pay big border tax!"

Michelle Krebs, a senior analyst for Autotrader, joined Stateside to talk about the situation between the president-elect and the power he is attempting to show over the auto industry.

Detroit News business columnist Daniel Howes says Ford could stand to refresh its model lineup, and should invest more in connected vehicles.
Ford Motor Company

Ford Motor Company won't be building a new plant in Mexico, but will instead invest $700 million in a plant in southeast Michigan.

The Flat Rock Assembly Plant will be updated to create a factory capable of producing high-tech electrified and autonomous vehicles.  

The plant’s expansion will bring 700 new jobs directly to Flat Rock.

Ford also confirmed seven of 13 new global electrified vehicles will be coming in the next five years, including an F-150 Hybrid, a Mustang Hybrid and a Transit Custom plug-in hybrid.

Ford Motor Company

Ford Motor Company made $1 billion during the third quarter, down $1.2 billion from its record third quarter earnings last year.

The automaker says the lower profit was driven primarily by three things:

Steven Rhodes
Sarah Cwiek / Michigan Radio

A new community center will soon open up inside a Detroit school.

The Ford Resource and Engagement Center is at Fisher Upper Magnet Academy, on the city’s east side.

The Ford Fund, the Ford Motor Company’s philanthropic arm, is sponsoring the $5 million project. It’s part of a $20 million commitment to community causes in Southeast Michigan.

Trump says Ford leaving America, but company fires back

Sep 27, 2016
"For Republicans who have not distanced themselves from Trump, it may be too late," Demas told us.
flickr user Gage Skidmore / http://j.mp/1SPGCl0

During last night's presidential debate, Donald Trump's opening statement included his remark that Michigan is losing thousands of jobs and that Ford is leaving Michigan for other countries like Mexico. 

“So Ford is leaving. You see that their small car division [is] leaving. Thousands of jobs leaving Michigan, leaving Ohio. They’re all leaving. And we can’t allow it to happen anymore,” he said.

2017 Ford GT
Ford Motor Company

Ford Motor Company received 6,506 applications during its one-month window for people who want to own a 2017 GT supercar. 

But there will only be 500 lucky owners. And it's not first-come, first-serve.

Ford will select who gets one of the cars, giving preference to people who've owned a GT, for example, or those who have a "strategic alliance" with Ford, or – most importantly – people who can generate buzz for the Ford brand.

To boost their chances, quite a few GT hopefuls included videos with their applications. 

Pages