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Ford Motor CEO visits China, sees existential threats, opportunities, and overhauls in Ford Motor co
Ford Motor CEO visits China, sees existential threats, opportunities, and overhauls in Ford Motor co Kwabena Ofori Osei 45 Views • 2 years ago

Of all the legacy carmakers, Ford Motor Company is best positioned to survive the onslaught of Chinese auto brands. Ford dominates in pickup trucks and commercial vans, industry segments in which Chinese automakers are not yet competitive abroad. They are also the most profitable markets on a per unit basis. The high tariffs and import bans that are designed to keep Chinese models out of North America are of little help to Ford, but serve ironically as a lifeline to Japanese and European companies who exist only as long as the tariffs do.

But Jim Farley, the CEO of Ford Motor, nevertheless is making huge changes at Ford based on his recent experiences in China. In a new strategy, Ford will abandon entirely its ambitions to compete in China in the passenger vehicle markets, and everywhere else in electric vehicles made by Ford's domestic factories. Instead, they will aggressively build new electric vehicle models in light and heavy trucks, designed by their engineers in the US, but produced and distributed by their Chinese joint venture partners.

Resources and links:

Kelly Blue Book, The 25 Best-Selling Cars of 2024 … So Far
https://www.kbb.com/best-cars/....top-10-25-best-selli

Wall Street Journal, What Scared Ford’s CEO in China
https://www.wsj.com/business/a....utos/ford-china-ev-c

Wall Street Journal, Ford Cuts Lightning Output in Latest Sign of EV Downshift
https://www.wsj.com/business/a....utos/ford-to-cut-pro

Wall Street Journal, A Chinese Phone Maker Did Something Apple Couldn’t: Make an EV
https://www.wsj.com/business/a....utos/a-chinese-phone

New Report: SUVs, Ford F-series, Toyotas are 2023’s bestselling cars in America
https://insurify.com/car-insur....ance/insights/bestse

Americans Review The BYD Shark Plug-In Hybrid Pickup And Love It
https://insideevs.com/news/733....031/americans-review

Motor Trend, It's No Mystery Why the F-150 Lightning EV Isn’t Selling Like Ford Hoped
https://www.motortrend.com/new....s/ford-f-150-lightni

Reuters, Changan Ford Motor to set up electric car JV with Chongqing Changan Auto
https://www.reuters.com/market....s/deals/changan-ford

Investors Business Daily, Ford's China Partner Makes Bold EV Move In World's Top Auto Market
https://www.investors.com/news..../fords-china-partner

Closing scene, Gaoyi Mountain Scenic Area, Chenzhou, Hunan Province

Ancient Ghana • Wagadu • Robin Walker | K•U•S•H Communiversity
Ancient Ghana • Wagadu • Robin Walker | K•U•S•H Communiversity Kwabena Ofori Osei 45 Views • 2 years ago

THE BLACK SECRET Join the finest Black History Course Online Learn the true histories of Africa's Great Civilisations With world renowned historian Robin Walker - author of When We Ruled

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Robin Walker is todays most prolific Black Historian and author of the Classic "When We Ruled" - the worlds most comprehensive text on Pre-Colonial Africa.

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The 14 Countries Still Under The Hostage Of France's Colonial Tax Rule.
The 14 Countries Still Under The Hostage Of France's Colonial Tax Rule. Kwabena Ofori Osei 45 Views • 2 years ago

The 14 Countries Still Under French Grip

African leaders often face accusations of corruption and perceived alignment with Western interests, which can be attributed to a compelling reason. These leaders find themselves in a delicate position, driven by concerns about their personal safety and the stability of their nations. Their actions, seeking powerful nations' support, stem from a desire for protection against the risk of coups or threats.

However, this quest for security sometimes comes at a cost. Western powers, in exchange for backing, may expect these leaders to prioritize external interests over serving their own people or their nation's best interests. Former French President Jacques Chirac's declaration in March 2008 rings with a sobering truth: "France's significance could diminish to that of a third-tier power without Africa."

Chirac's predecessor, François Mitterand, foresaw this perspective as far back as 1957 when he prophesied, "The absence of Africa could render France's historical narrative incomplete in the 21st century."

Under a binding colonial pact enforced by France, 14 African nations find themselves compelled to deposit a staggering 50% of their foreign reserves into the French central bank, all under the control of the French Minister of Finance. Astonishingly, as of 2014, Togo and approximately 13 other African countries continue to shoulder the burden of colonial debt payments to France. The repercussions of dissent are grim; leaders who dare to resist face dire consequences, often falling victim to assassination or facing destabilizing coups.

In a troubling twist, those who comply with France's demands are rewarded with a luxurious lifestyle, supported by the French government. This stark contrast paints a harrowing picture of disparity, as the people of these nations grapple with extreme poverty and despair. The weight of this reality underscores the profound imbalance in the relationship between these African nations and France, raising crucial questions about sovereignty, economic justice, and the future of these countries as they strive for genuine progress and empowerment Let us take a closer look at these 14 African countries

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