Given dwindling overall USA demand for small cars such as the Focus, "we thought this was the best balance of that cost/capital tradeoff", Hinrichs said.
America's auto giant Ford company announced on Tuesday it plans to move its Focus production to China in 2019.
Ford said the MI plant that now produces the Focus will be retooled to make a pickup truck and SUV models, so no hourly jobs will be lost by moving production of the Focus to China. Ford will trim about $500 million in costs by shifting production to China, adding to the $500 million already saved from canceling construction of a small-car factory in Mexico earlier this year. U.S. Focus sales were down 20 percent through May, hurt by low gas prices and consumer preference for SUVs.
Joe Hinrichs, an executive vice president at Ford, said the savings from the move to China would allow the firm to invest in parts of the business that are growing, such as SUVs, electric cars and others. When it opened its sixth assembly plant in China back in 2015, Ford said it could build 1.4 million vehicles a year in the country.
He also stressed that Ford will export more vehicles to China than it imports.
"Any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the USA without retribution or outcome, is WRONG!" The Wayne plant will begin building a new Ranger midsize truck in late 2018 and a Bronco midsize SUV in 2020.
After he minimized Kovalev, Ward looks for heavier belts
I really don't have anything to say on what happened. "I hope the whole world sees what it's like to get in the ring with me". Between exchanges, Ward used his lead hand to control distance, while on the inside he smothered much of Kovalev's offense.
Ford's savings will come from canceling plans to assemble the vehicle at an existing factory in Mexico and a decision made in January to abort construction of a plant in Mexico.
"Since the announcement, Commerce Secretary Wilbur oss" said once the president's policies take place more companies will stay in the U.S. Production of the current North American Focus at the Michigan Assembly Plant continues through mid-2018.
The White House offered a tame response compared to Trump's past statements on Ford and China.
Ford slipped 0.4 percent to $11.19 as of 10:46 a.m.in NY trading.
Mr Hinrichs said "the capital saving outweighs the risk" of having to pay a potential border tax, or import tax, on the Chinese-built Focus.
General Motors Co has been exporting Buick and Cadillac cars from China to the United States, as has Volvo Cars, a unit of Chinese automaker Geely.
Goodell traveled to Jerusalem for the inauguration of the Kraft Family Sports Complex on Tuesday. "I mean, I don't think the game has ever been safer than it is now", Kraft said, via the Associated Press .
Welsh Cup winners Bala Town were drawn against Vaduz of Liechtenstein while Derry City will play Danish outfit Midtjylland . Teams have to pass through three qualifying rounds and a play-off before making it to the group stage of the Europa League.
In Comey's testimony before the Senate on Thursday, he said the president had asked him for a pledge of loyalty. When Mueller was appointed special counsel last month, Democrats and Republicans praised the decision.
He added that the investigation will be reviewed by the federal monitoring team supervising the city's consent decree. According to the Seattle Times , 30-year-old Charleena Lyles called police on June 18 to report a burglary.
Through a spokesman, Trump's personal attorney, Marc Kasowitz, blasted the Post's report, though he stopped short of denying it. The order came the same day that Vice President Mike Pence hired an outside lawyer to represent his legal interests.
The official demanded anonymity because the official was not authorized to be named discussing the deliberations. Some of Mr Trump's allies have begun questioning Mr Mueller's credibility as the investigation intensifies.
That's less than the margin of error and FiveThirtyEight's Nate Silver cautions that " Georgia 6 is a tough district to diagnose". Handel celebrated the early numbers with her supporters at an area hotel, saying she improved on her April primary performance.
Remembering the earlier versions, the original YotaPhone and the YotaPhone 2 managed to launch with flagship chipsets. The dual-display is now making its fresh appearance with the new successor smartphone called YotaPhone 3 .
Manchester United have reportedly launched a €35m (£30.6m, $39.2m) bid to secure the services of Nelson Semedo from Benfica . Victor Lindelof has insisted that he is not bothered by his £31m transfer fee after arriving at Manchester United last week.
The Queen continued: 'As a nation, we continue to reflect and pray for all those who have been directly affected by these events. Queen Elizabeth II and senior royals have marked her official birthday in the annual Trooping the Color celebration.
Sava said he told Scalise's family that "I am not declaring victory until he's playing ball in his back yard with his family". The congressman underwent another surgery Saturday, and the hospital said he was more responsive and speaking with family.
Russian jet 'flies 5ft from' USA spy plane over Baltic Sea
The incident comes amid rising tensions between the US and Russian Federation after the USA downed a Syrian jet on Sunday. The Pentagon and Russian Federation both said that interaction was carried out in a safe and professional manner.
Pau Gasol opts out, will re-sign with Spurs
From Gasol's standpoint, it might be in his best interest to accept less money in 2017-2018 for the benefit of a long-term deal. With the Spurs, there was more star power in Kawhi Leonard and LaMarcus Aldridge that altered his role.
Ronaldo summoned to answer judge's questions on tax fraud
The Portuguese worldwide is now in Russian Federation competing for the European champions in the Confederations Cup . He is under official investigation and will have to appear in the Pozuelo de Alarcon court No. 1 on July 31.
Lakers deal Russell to Nets, acquire Lopez
The Lakers secured significant salary cap relief by trading Mozgov, who had three years remaining on his $48 million contract. Mozgov was signed to a four-year, $64 million deal just weeks after he helped the Cleveland Cavaliers win the NBA Finals.
3 women found dead at Ohio home
In a pair of tweets , Brunswick police announced the standoff and hours later stated that Brinkman had been taken into custody . Authorities say inmates killed two prison guards during a bus transport in Georgia and are now being sought by law enforcement.
26 hurt when China Eastern flight hits turbulence
The nationalities of the injured passengers are unclear. "Many people were injured, and among them, many had not buckled up". Another passenger said there was strong turbulence twice and minor turbulence three times during the 10 minute ordeal.
London's Adele, Rita and Lily help relief effort
Rita had previously taken to Instagram to say that she had played in the tower block as a child while growing up in the area. Singer , model, and former America's Next Top Model host, Rita Ora , also shared her upset at the events.
India vs Pakistan Hockey Match
India's stand-in captain, Harmanpreet Singh , who scored twice, said the players would use their sport to drive the message home. With Akashdeep Singh leading the way, the players manoeuvred deftly around Pakistani defence to score some breathtaking goals.
Trump confirms he's under investigation, fires angry tweets
The Twitter attacks came as vice president Mike Pence hired a personal lawyer to represent him in the intensifying investigation. The lawyer for the president's son-in-law and close adviser said there was nothing surprising about the Post's report.