Donald Trump Hits Ford Over Mexican Factories. Here's Where He's Wrong — And ... - Yahoo Autos (blog)
For as hard as Donald Trump is running for president, you could be forgiven for thinking he was running against Ford. Throughout his insurgent campaign, Trump has repeatedly attacked the idea of automakers exporting jobs to Mexico while importing cars, specifically Ford. That line drew applause when he deployed it in Michigan on Tuesday, saying he’d be the only president who would would stop Ford from building a new factory in Mexico:. “So Ford is building a $2. 5 billion plant in Mexico. “I’ll say I don’t like this deal, it’s no good for our country, I will do everything I can…My only question is: Do they move the plant in the United States in the same day or a day later. We’ll end up with a plant in the United States and we’ll create jobs. That’s because those trucks used to be built at a Ford plant in Mexico, but were shifted back to the United States thanks to a deal between Ford and the United Auto Workers union. Eight automakers have either revealed plans for new plants in Mexico or built expansions of existing ones in the past two years alone, including Toyota for Corollas, Audi for Q5 SUVs and Nissan and Mercedes-Benz for luxury cars. Yes, Ford is building a $2. 5 billion engine and transmission plant, but that follows General Motors’ announcement last December that it would spend $3. 6 billion expanding and upgrading its four Mexican plants. Source: www.yahoo.com
