Argentina auto industry vows export surplus in 2012 after a 6 billion USD deficit in 2010

Tuesday, May 24th 2011 - 00:48 UTC

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Ford Motor Argentina is the latest carmaker to sign an agreement with the government to boost exports to compensate for increased imports. Ford has vowed to boost its export surplus to 90 million USD by 2012, the Economy ministry said in a press release Monday. That follows a deficit of 250 million USD in 2010. Read full article

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GeoffWard
So Ford (Argentina) will be selling 70% more Fords *cheap* into the Brasilian market, to compete directly with the same Fords produced here in Brasil.

Isn't there something called anti-dumping legislation?
And didn't Brasil shut off trade from China that tried to underprice (Sold at cost) against the Brasilian home produced goods?
And where did Ford (Argentina) get its car parts from? That's right - Brasil.

What will Brasil do????
What will Ford do ???
What will
May 24th, 2011 - 06:24 pm - Link - Report abuse 0
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O gara
The reason Ford will be selling more Argentine built Fords is becaause the Real has appreciated rapidly makeing Argentine car production ever more competitive vis a vis Brasil.Also the car parts are more and more manufactured in Argentina.so wheres the dumping you are referring to?
May 24th, 2011 - 11:17 pm - Link - Report abuse 0
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