Ford to Import Next-Generation Focus Compact Car to U.S. From China
June 20 2017 - 10:26AM
Dow Jones News
By Christina Rogers
Ford Motor Co. will begin importing Focus compact cars from
China in the second half of 2019, scrapping earlier plans to build
the small-car model in Mexico amid a push by President Donald Trump
to drastically alter Nafta.
The company said Tuesday the Focus, which is now built at an
assembly plant in Michigan, will also be imported from Europe, but
most new models sold in North American will initially come from
China.
The move is expected to save Ford $500 million annually and
comes as the No. 2 U.S. car maker is looking for ways to boost
profits on its passenger-car lineup as low gasoline prices fuel a
shift in consumer demand to larger SUVs and trucks.
Write to Christina Rogers at christina.rogers@wsj.com
(END) Dow Jones Newswires
June 20, 2017 10:11 ET (14:11 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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