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- “We will have migrated all of our small-car production to Mexico and out of the United States,” over the next two to three years, Fields told Wall Street analysts at annual investor day presentation.
Fields reiterated plans to explore ride-sharing options for its automated vehicles, framing the change as an expansion into a new market. “As we expand to be an auto and a mobility company, we’re not moving from an ‘old’ business to a ‘new’ business,” Fields said. “The world is moving from simply owning vehicles to owning and sharing them. That’s why we are expanding to sell more vehicles and provide transportation services at the same time.”