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Trump says he doesn’t want anything to do with Spain: ‘Cut off all trade’
“Spain is a terrible partner in NATO. They don’t participate. They don’t pay. I don’t want anything to do with Spain. Cut off all trade with Spain, please, including visits,” he said at a press conference in Ankara with NATO Secretary General Mark Rutte.cnbc.com - Trump spain NATO trade summitFord has a honking big assembly plant in Valencia. There has been chatter that Ford would build a new, three row, "Bronco" SUV in the severely underutilized Valencia plant, and ship some of them to the US. Given Trump's latest temper tantrum, seems that plan may no longer be viable, as sales projections for the new model would leave insufficient production volume, without US sales.
Ford to build Bronco SUV in Spain as part of European revival plan
Investing.com -- Ford Motor announced Monday it will manufacture a compact version of its Bronco SUV at its Valencia, Spain plant starting in 2028, as part of a broader plan to introduce seven new vehicles in Europe by the end of 2029.au.finance.yahoo.com - Ford build bronco suv spainNext-Gen Ford Bronco Sport: Everything We Know
The Bronco model set to be built at the Valencia Assembly plant in Spain, known within Ford as vehicle program CX735, is a three-row C-segment vehicle in North America and D-segment vehicle in Europe, meaning that it will be larger than the existing Ford Bronco Sport, placing it closer in size to the discontinued Ford Escape. In Europe, it would have three rows, while likely going for the two-row configuration in North America.
According to a recent report, production of the new Bronco Sport was slated to come in at around 300k total units - 100k for Europe, and 200k for North America. Now, that figure has been revised to 183k units, a reduction blamed on tariffs imposed on European imports by President Donald Trump. As such, it's unclear if the new SUV will be imported into North America at all - though it may still be sold in Canada and/or Mexico.fordauthority.com - Next gen ford bronco sport everything we knowMy suspicion would be that, given the US trade situation, with zero clarity going forward of how, or when, terms of the USMCA may be revised, bet Ford closes Valencia, and supplies Broncos to the EU from the Hermosillo plant, in Mexico, where the current Bronco Sport and Maverick are built.
Steve
