An American staple in the auto industry has just betrayed us in the worst way.
Ford has announced that it will importing one of its staple SUVs from China.
The Lincoln Nautilus will now be built in China and shipped to the United States for sale.
Betrayal
It is sad to say, but expect to see more of this, not less, especially for hybrid and all EVs.
Biden has locked down mineral-rich lands in this country that could be used to mine the minerals needed to build EV batteries.
He has basically handed the Chinese the upper hand in this race.
Lincoln president Dianne Craig hinted at this problem in justifying the move by Lincoln to build abroad by citing the computer chip shortage in the United States.
Craig added, “This year we’re so excited because it’s time to grow again.
“We need to grow again.
“Nautilus is going to be a huge catalyst to do that.”
The SUV will be priced between $50,000 and $74,500 for a vehicle with all the bells and whistles.
The only question is if Americans will buy it knowing that Ford is taking American jobs and sending them over to China.
Source: CNN Business
