Ford to move production of some Lincoln models from China to the U.S. due to tariffs
Kyiv • UNN
Ford plans to move production of Lincoln models, including the Nautilus, from China to the U.S. in 2030 due to high tariffs. CEO Jim Farley said the decision was made to strengthen the company's manufacturing base.
The American automaker Ford Motor plans to move production of some Lincoln models from China to the United States in 2030 due to high U.S. tariffs on imported vehicles. Ford CEO Jim Farley told Reuters, reports UNN.
Details
This specifically concerns the Lincoln Nautilus, which is Ford’s main model imported from China. At present, Chinese-made cars and electric vehicles are subject to significant tariffs, while the tariff rate on the Lincoln Nautilus is 52.5%.
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According to Farley, the decision to move production was difficult but necessary to strengthen the company’s manufacturing base in the United States.
We made this decision as soon as the administration’s policy was determined. We knew exactly what they wanted to achieve, and we knew exactly what it meant for Ford
Ford is betting on production in the United States
Ford’s CEO said that the company took the policy of President Donald Trump’s administration into account when making the decision about the future production of Lincoln models.
U.S. Commerce Secretary Howard Lutnick, who was present during the interview, supported moving production to the United States.
Ford has an advantage. Domestic production has an advantage
The production move is scheduled for 2030 and is intended to reduce Ford’s dependence on importing vehicles from China and on the high tariffs imposed on such shipments.