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Wall Street Journal: The Work of Ford Company Essay


Christina Rogers and Mike Colias are the authors of the article about the latest changes in the work of Ford Company and its development in terms of the global market. The main idea of the article is that Ford Motors is going to cooperate with some Chinese manufacturing organizations in order to save its costs that are about $500 million. The peculiar feature of this situation is the necessity to reconsider the already developed business relations with Mexico and relocate factories.

All these steps lead to the reduction of working places among American and Mexican people. However, this decision has certain political reasons such as the pressure from the Trump administration and change of the conditions of the North American Free Trade Agreement. White House representatives underline the importance of the development of the American tax system and the return of manufacturing back to the United States. The authors of the article admit that Mexico is not the best option for America to import cars. However, China should not be considered as an alternative as well because of vehicles that come from Asia are not always dependent on the vehicles or some parts that come from Mexico or are found in America.

Therefore, it is necessary to think about some new ways for Ford Motors to promote the development of its production in the United States in order to support American employees, observe positive shifts in economics, and improve global demand regarding the opportunities of American manufacturing. The car industry may be developed in different ways, and this article shows how Ford Motors representatives recognize problems and search for effective solutions with respect to the current political, economic, and international conditions.

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IvyPanda. (2020, September 6). Wall Street Journal: The Work of Ford Company. Retrieved from https://ivypanda.com/essays/wall-street-journal-the-work-of-ford-company/

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"Wall Street Journal: The Work of Ford Company." IvyPanda, 6 Sept. 2020, ivypanda.com/essays/wall-street-journal-the-work-of-ford-company/.

1. IvyPanda. "Wall Street Journal: The Work of Ford Company." September 6, 2020. https://ivypanda.com/essays/wall-street-journal-the-work-of-ford-company/.


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IvyPanda. "Wall Street Journal: The Work of Ford Company." September 6, 2020. https://ivypanda.com/essays/wall-street-journal-the-work-of-ford-company/.

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IvyPanda. 2020. "Wall Street Journal: The Work of Ford Company." September 6, 2020. https://ivypanda.com/essays/wall-street-journal-the-work-of-ford-company/.

References

IvyPanda. (2020) 'Wall Street Journal: The Work of Ford Company'. 6 September.

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