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Ford Will See if New Mustang Turns Heads Overseas

Ford Motor Co. F +0.19%  will measure global demand for the redesigned Mustang sports car heading into the second quarter of 2015 to determine whether it adds a third shift to the Michigan plant where it is built, a top executive said Thursday.

The Flat Rock plant has two crews working to build the Mustang and the Fusion sedan. The first 2015 Mustang, fully redesigned this year to be aimed at a global audience, came off the line at the plant Thursday.

All-New 2015 Ford Mustang Begins Production at Flat Rock Assembly Plant; Marks Global Availability of Iconic Pony Car

The highly anticipated, all-new Ford Mustang rolls off the line today at Flat Rock Assembly Plant, marking production of the sixth-generation pony car. For the first time in its 50-year history, Mustang will be available globally to customers in more than 120 countries around the world.

The addition of a right-hand-drive Mustang to Ford’s global vehicle lineup will allow the iconic pony car to be exported to more than 25 right-hand-drive markets around the world, including the United Kingdom, Australia and South Africa.

Groups Call For Tough Policy on Foreign Currency Manipulation

Leaders from three manufacturing groups held a news conference, calling on Congress, the White House and trade negotiators to get tough on countries engaged in currency manipulation.

China is their primary target, having tied the value of its dollar to the U.S. dollar instead of allowing it to be determined in foreign exchange markets.

They said U.S. manufacturing may be on a post-recession rebound, but it's being undermined by China's, Vietnam's and a handful of other countries' practice of currency manipulation.

 

Leaders meet at the City Club to save 5,000,000 jobs

Leading manufacturing association presidents participated in a press conference at the City Club of Cleveland.

They called for U.S. government representatives to strongly address unfair currency policies in ongoing international trade talks with Asian nations.

Former Missouri governor Matt Blunt is president of the American Automotive Policy Council and is among those calling for congressional action to help level the playing field and create jobs here at home.