quote:Originally posted by fattybomatty
Tedbear that $350 million was to manufacture the diesel engine in Mexico. Seems Ford has no plans of trying to manufacture these engines in the US.
The article states that even with the British manufactured engine the car would cost, "At prevailing exchange rates, the Fiesta ECOnetic would sell for about $25,700 in the U.S. By contrast, the Prius typically goes for about $24,000. A $1,300 tax deduction available to buyers of new diesel cars could bring the price of the Fiesta to around $24,400." I don't think that factors in the importing cost. So I believe you are right about it costing more if they want to make money. However, if they could sell it for around the same price, say give or take a few thousand, I think people would buy it
I also understand the original emissions problems, but it seems that is not a problem with this car either. Now I am not Mr. Buy American, but if Ford actually brought more of its operation back to the US and started making cars that are actually of a decent quality and reliable I would definitely purchase a Ford. However, as of right now my Hyundai is more American than most fords out there
Oh and the Lions need to fire Matt Millen.
You are correct about the $350 million being the price of building a diesel engine foundry in Mexico, but with the cost of UAW labor in the US, it is not realistic for Ford or any other US-based auto maker to build that type of factory in the US today. Since I read the article several days ago (paper, rather than online), I was off by quite a bit on the projected US price of this car, but the fact remains that it would be unrealistically high for a very small car.
Yes, people who are interested in great fuel efficiency would likely buy this car, but with Ford's bad financial situation, they really can't make any big mistakes at this point, and this one is sort of a crap-shoot. If the US economy continues to be as bad as it is right now, families would be unlikely to want to spend that kind of money for a car that couldn't carry the whole family.
I am interested in buying the best-quality vehicle that meets my needs, for the best price. For me, for you, and for many other people, that has unfortunately meant buying Japanese and Korean cars in recent years. However, the quality of US cars is much better than it was a few years ago, and Ford leads the US manufacturers in quality. So--hopefully they can lift themselves out of their current plight.
I would love to be able to buy an American car with confidence, but the last GM car that I owned (a Chevy) was really bad. If I had not purchased the extended warranty on that car, I would have spent a veritable fortune to keep that car on the road. However, I also have to say that this particular car was an improvement over the previous car--a Volvo--which was the absolute worst car that I ever owned.
The car that came after the Chevy, a Ford Taurus, was actually a very good car, and was exceeded only by my Honda Accord. And the Accord was bested by a Subaru Outback. That first Outback was replaced with my present Subaru Outback, and that car has proven to be rock-solid reliable to the point that it is the best car that I have ever owned. Can an American car approach this level of quality? I really hope so, for the benefit of the US economy. Time will tell.