TU-TESL

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According to foreign media reports, on December 17, the automobile announced plans to invest more than $1.45 billion in two factories at the root of Mishe, and plans to add 3000 jobs. The investment is part of a $6 billion investment promised in Ford's new agreement with the UAW. Under a new agreement negotiated with UAW this fall, Ford promised to invest in 19 of its US plants, adding or retaining 8500 jobs. Now, Ford is throwing money. It is reported that Ford will invest $750 million in Michigan assembly plant in the next three years and add 2700 new jobs. In addition, Ford Bronco will be released in the spring of 2020, and this new off-road SUV will be produced in Michigan assembly plant together with Ford Ranger. The 369 acre Ford Michigan assembly plant in Wayne, Michigan, opened in 1957. The first car to go offline in the factory was a station wagon. Since 1966, the Michigan assembly plant has been producing Mustang, which has been selling well for 30 years. From 1996 to 2008, Ford's explorers and pilots were also produced at the plant. In line with the production of the new Ford Bronco and ranger models, Ford will install new equipment for the plant and set up a new repair and installation center. Employees of departments and repair centers of the Michigan plant will complete the production of Ford's first batch of self driving cars from 2021, including the installation of automatic driving technology equipment and special interior trim for vehicles. The center is also Ford's first center in charge of such work, which will form a synergy with Ford's research and development of autonomous driving in Dearborn and Detroit. It is reported that the center will be responsible for the maintenance requests of Bronco and ranger customers later. Earlier this year, the Michigan assembly plant closed production at Fort fox to prepare for the arrival of the new Ranger and carry out large-scale modifications. Ford has invested about $850 million in the plant to build two new cars, the new Ranger and the new Ford Mustang. The new Ranger will replace more than 75% of Ford's North American products by 2020. The new 2019 Ranger will be available in two models: supercab and four door supercrew. The new Ranger is equipped with turbocharged 2.3L in-line four cylinders and 10 speed automatic transmission. This combination is also supported by a variety of driving AIDS and c-v2x functions. Ford believes that the new Ranger, as a pickup truck, well balances the consumption demand between the city and the outdoor. Ford's Rouge plant in Dearborn will also add 300 jobs, and Ford expects to invest about $700 million to support the production of F-150 Truck Electric derivatives, hybrid versions and versions. In addition, F-150 hybrid version and pure electric version installation group will be added. Recruitment for the Dearborn plant will begin next year. Ford's investment was strongly supported by UAW, federal government, state government and local government. This is inevitable. Solving employment is the biggest political right. "Ford is trying to improve itself, including in trucks and the field," Joe Hinrichs, President of Ford's global automotive business, said at a news conference. At the same time, we need to strengthen our leadership in the field of electric vehicles and autonomous driving. As the largest auto manufacturer in the United States, we are proud of our commitment to the production investment in Michigan. " Ford, of course, won't lose money. It is reported that the investment commitment of the two factories will have more than $35 million in tax benefits, most of which is related to a 10-year income tax deduction with a value of up to $26 million. In the third quarter of 2019, Ford's sales dropped from 609934 to 580251, down 4.9% year on year. Among them, sales of light vehicles (equivalent to passenger cars in China) declined, but sales of pickup and Lincoln brands increased. And Ford, which has stopped making cars, is shifting its focus from light vehicles to more profitable pickups and SUVs. Ford said the 2020 new F-150, F-150 hybrid and pure electric versions will further enhance its strength in the pickup area. It's part of Ford's $11.5 billion global electric vehicle investment plan. At the 2018 Detroit auto show, Ford chairman Bill Ford proposed that Ford plans to invest 11 billion US dollars to develop 40 pure electric and vehicle models by 2022. At present, nearly two years later, it seems that Ford's pace is still very fast. Especially in China, Ford is close to a complete failure. In terms of overall sales, Ford fell from its peak to 5.734 million vehicles in 2018, which is definitely weaker this year than last year. It is undeniable that Ford, like GM, is constantly shrinking under the pressure of the German and Japanese systems. Is Ford turning into an American car company? We'll see.