Ford’s chief executive, Mark Fields, told the BBC that the main decision to cancel the new vehicle plant in Mexico was because of a “dramatic decline for the demand for small cars here in North America,” allowing the company to cope with its existing plant. “That did play a part and it’s a vote of confidence that he can deliver on these things,” Mr. Fields added.
Ford is not abandoning production totally in Mexico, but rather is exchanging production of its Focus model to its current plant in Hermosillo there to enhance profitability. Production at that facility will change to two new models, which it says will save 3,500 US jobs. The planned $1.6 billion plant in Mexico was to be developed in San Luis Potosi, yet Ford said it would now put some of that investment in Flat Rock, which would create 700 new jobs constructing electric cars. Mexico’s economy service said it lamented Ford’s choice, including that it had affirmations that the US auto firm would pay the condition of San Luis Potosi for any costs brought about from the cancellation.
Earlier on Tuesday, Mr. Trump criticized General Motors on Twitter for making cars built in Mexico and made available tax-free in the US. Trump tweeted that “General Motors is sending Mexican made model of Chevy Cruze to US car dealers-tax free across border. GM said a large portion of its Chevy Cruze autos were made in the US. A representative said just the hatchback model, which frames a little rate of offers, was made in Mexico. He included that the auto was built there for worldwide production and said that albeit some Cruze cars were made in Mexico for some time a year ago, every one of the autos now sold in the US were made in Ohio. The latest auto industry news is brought to you be Thrifty Auto Shipping. Should you every need to ship your vehicle you want to contact Thrifty Auto Shipping for a free auto shipping quote. They are the leaders in the car shipping industry whether shipping intrastate or coast to coast trust your vehicle to one of the best in the auto transport business…