Jim Cramer Predicts Ford May Move Production Amid UAW Strike: 'If They Don't Come To The Table Soon, Mexico Will Be In Play'

Amid the United Auto Workers strike against Detroit’s Big 3, industry expert Jim Cramer has suggested that Ford Motor Company F may consider moving additional production to Mexico.

Cramer, speaking on “Squawk on the Street,” shared his belief that if the UAW and Ford do not reach an agreement soon, Mexico could become an increasingly attractive location for Ford. He hinted at this possibility happening within “a couple of weeks,” reported CNBC.

"I have a feeling that, if they don't come to the table soon, Mexico will be in play,” he said.

Ford already maintains assembly plants in Mexico.

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In a statement to CNBC, Ford spokesman Dan Barbossa emphasized the company’s goal to “achieve a record contract and a strong future for our employees,” adding that Ford is the largest employer of UAW-represented hourly autoworkers in the U.S.

The ongoing UAW strike commenced on Sep.15 and has affected several plants operated by Ford, General Motors GM, and Stellantis STLA. Just last week, Ford CEO Jim Farley expressed disappointment over the stalled negotiations, accusing the UAW of holding the deal “hostage over battery plants” for electric vehicles.

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