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Post by Ironman2301 on Sept 9, 2010 20:48:38 GMT -5
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Post by marcus on Sept 9, 2010 20:53:12 GMT -5
Yep just heard it on news at 4 today.Now im hearing that union and others new about long ago and we once again were keep in the dark.
There is noway Id go back to Lap now and the reason I left is I dont trust them to do what they say there.
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Post by ScottR@KTP on Sept 10, 2010 0:05:15 GMT -5
They told the membership this info over a month ago at the union meeting. They also know what is coming but promised to keep it quiet. They told the attendees of the meeting the future products as well. Official announcement may come Monday.
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Post by ScottR@KTP on Sept 10, 2010 0:06:22 GMT -5
Yep just heard it on news at 4 today.Now im hearing that union and others new about long ago and we once again were keep in the dark. There is noway Id go back to Lap now and the reason I left is I dont trust them to do what they say there. And you trust them out here? |
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Post by marcus on Sept 10, 2010 7:02:07 GMT -5
LOL not really.
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Post by marcus on Sept 10, 2010 7:13:49 GMT -5
The reversal demonstrates the difficulty of lowering Ford’s U.S. labor costs to globally competitive levels. The automaker intended to export as many as 80,000 Kugas a year to Europe, the people said. That plan was tied in part to exchange rates and labor concessions Dearborn, Michigan-based Ford sought last year that United Auto Workers members rejected.
“This raises issues of how the 2011 contract negotiations will go,” said Brian Johnson, an analyst at Barclays Capital in Chicago. He rates Ford “equal weight.” “If the UAW is going to try to extract givebacks, Ford is showing that with its global production footprint, it can build wherever it wants.”
With U.S. and European labor costs converging and Mexico representing a lower-cost option, Ford has gained leverage in next year’s labor talks with the UAW, Johnson said. Ford’s four- year contract with the UAW expires in September 2011.
“This is a reminder to the UAW that Ford’s U.S. cars don’t have to be produced in the U.S.,” Johnson said. “Ford’s global architecture allows them to build anywhere. That’s good news if the U.S. has competitive labor costs. It’s bad news if they don’t.”
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Post by kessinger on Sept 11, 2010 18:49:10 GMT -5
I myself would have no inside info on LAP's product.
But, many here as well as followers of the market figured the Kuga was dead a few months back. They were moving it here to take advantage of the weak dollar and once he dollar was no longer weak the rest was just a matter of time.\
I guess I'm saying they probably felt that it wasn't coming, but didn't know for sure.
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