Ford Cancels Mexico Plant in 'Vote of Confidence' for Donald Trump

Ford CEO Mark Fields described bits and pieces of the new arrangements – aimed primarily at developing electric cars and self-driving vehicles – during a media event Tuesday at a Ford facility in Flat Rock, Michigan. He told CNN the investment was a "vote of confidence" in President-elect Donald Trump and the business-friendly environment he and a GOP-controlled Congress are likely to develop, one that's expected to include corporate and personal tax cuts.