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Foreign cars in US to keep price edge as Ford faces higher labour costs
Published Tue, Dec 1, 2015 · 09:50 PM
Detroit
FOREIGN car makers with plants in the United States will be able to offer lower vehicle prices as Ford Motor Co faces continued higher labour costs under a new four-year contract with its US union workers.
The labour cost gap of US$8-10 per hour will allow car makers such as Toyota Motor Corp, Honda Motor Co, Nissan Motors Co and Hyundai Motor Co to offer more attractive options while keeping vehicle …
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