Trump tweets himself praise as Ford dumps plan for Mexico plant, looks to hire more in Michigan
WASHINGTON – Ford scuttled a plan to build a new factory in Mexico Tuesday following criticism from Donald Trump, and just hours after the president-elect attacked General Motors for importing Mexican-made cars into the US. Following months of criticism from Trump for its investments in Mexico, Ford said it was spiking a plan to build a new $1.6 billion plant in San Luis Potosi, and would instead invest $700 million over the next four years to expand its Flat Rock Assembly Plant in Michigan to build electric and self-driving vehicles. Ford chief executive Mark Fields said the second-biggest U.S. automaker was hopeful Trump's policies will boost the U.S. manufacturing environment. "It's literally a vote of confidence around some of the pro-growth policies that he has been outlining and that's why we're making this decision to invest here in the U.S. and our plant here in Michigan," Fields told CNN. Earlier, GM became the latest multinational to end up in Trump's line of fire -- via Twitter as usual -- with the president-elect threatening to impose a tariff on GM's imports of a small number of Mexican-made Chevy Cruze cars to the U.S. Trump took to Twitter again to crow about the Ford reversal.
Jan-3-2017, 21:50:17 GMT
- Country:
- Asia
- North America
- Canada (0.18)
- Mexico
- San Luis Potosí (0.25)
- Sonora > Hermosillo (0.05)
- United States
- Michigan > Wayne County
- Wayne (0.05)
- Ohio (0.06)
- Michigan > Wayne County
- South America > Bolivia
- Potosí Department > Tomás Frías Province > Potosí (0.25)
- Industry:
- Technology: