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BBCNEWS Asia Business Report January 4, 2017

Of harsh taxes on imports has been looming over american companies, especially carmakers. Donald trump has launched a series of attacks on twitter are making big us multinationals who import goods from abroad and sell them in america. In particular the President Elect has spoken out against Auto Companies manufacturing ca is against Auto Companies manufacturing cars a cross against Auto Companies manufacturing cars across the border. The north American Free trade deal allows vehicles to be sold duty free within the us, canada and mexico if they are at least 65 made in the block. Trump wants to rip up the agreement and Imposea Trump wants to rip up the agree ....

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BBCNEWS BBC News June 4, 2024 17:48:00

My my big concern is that a lot of these job cuts have been at the development centre here in the uk and that means less research and development here going forward. at the moment, ford is piggybacking on the moment, ford is piggybacking on the back of volkswagen technology because they were so far behind. so research and development is being done at volkswagen with ford putting bodies on it. long turn what they are saying a lot of the technology will come from the us and then will be adopted for europe so they will be doing less in europe in general. you remember as well that president biden is putting huge resources into supporting us manufacturing through the inflation reduction act in order to try and re industrialize and develop new technologies. the eu looking at doing something similar. kind of leads the uk outside of that looking at this on the sidelines and perhaps not doing enough to support the transition electric vehicles. ....

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BBCNEWS BBC News June 4, 2024 14:43:00

Is an incredibly included in this equation yet? t isgt is an incredibly important question, how the environmental impact of electric vehicle production is addressed, there is clearly an assumption that everything in the supply chain is green and sustainable, and as you point out, it s a lot more complicated than that. ~ ., ., . ,, . that. were going to talk about the small, but thank that. were going to talk about the small, but thank you that. were going to talk about the small, but thank you very - that. were going to talk about the small, but thank you very much i small, but thank you very much indeed. let s speak now to stuart masson, editor at the car expert. thank you forjoining us on bbc news. ford announcing job cuts, what you think about it all? it’s news. ford announcing ob cuts, what you think about it all? you think about it all? it s not aood you think about it all? it s not good news. you think about it all? it s not good news, obviously, - you think about it ....

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BBCNEWS BBC News June 4, 2024 14:40:00

Cars are easier to produce and easier to develop rather than combustion engine vehicles and it needs fewer people working in development roles. and that is why the bulk of the jobs that are going are in essex which is where the development team is based. so that is what they are saying is happening. but i think it s important to also bear in mind what else is going on. ford is expanding its production in the united states. only yesterday, it announced a new 0nly yesterday, it announced a new car battery production facility in michigan, it s producing these batteries with a chinese company, it s going to cost a couple of billion dollars, it s also worth mentioning that the us government is dangling billions of dollars in subsidies to car makers that create ....

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BBCNEWS BBC News June 4, 2024 14:45:00

Alluded to, the engineering requirements for electric cars are quite different, ford is also doing a lot ofjoint venture work with volkswagen on its electric car programmes and with both of those put companies working together it inevitably means that ford doesn t need as many of its own engineering staff. , . . . . . staff. does that mean that electric vehicles will staff. does that mean that electric vehicles will become staff. does that mean that electric vehicles will become cheaper - staff. does that mean that electric vehicles will become cheaper as i vehicles will become cheaper as well? , , . ., well? over time. it is starting to ha en well? over time. it is starting to happen and well? over time. it is starting to happen and i well? over time. it is starting to happen and i think well? over time. it is starting to happen and i think this - well? over time. it is starting to happen and i think this year - well? over time. it is starting to happen and i think this year ....

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