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CEO Mark Fields told investors the move is part of plans to make production simpler and less expensive.
Ford is shifting all North American small-car production from the U.S. to Mexico, CEO Mark Fields told investors today in Dearborn, even though its plans to invest in Mexico have become a lightning rod for controversy in this year's presidential election.
"Over the next two to three years, we will have migrated all of our small-car production to Mexico and out of the United States," Fields said.
Ford isn't the first automaker move small car production out of the U.S. as Mexico has become a mecca for new automotive industry investment and has surpassed Canada in annual automotive production.
Still, the news sparked a fresh round of criticism from Republican Presidential candidate Donald Trump, who was in Flint on Wednesday.
"We shouldn’t allow it to happen. They’ll make their cars, they’ll employ thousands of people, not from this country and they’ll sell their car across the border," Trump said. "When we send our jobs out of Michigan, we’re also sending our tax base."
Read more here. (Detroit Free Press)
Ford is shifting all North American small-car production from the U.S. to Mexico, CEO Mark Fields told investors today in Dearborn, even though its plans to invest in Mexico have become a lightning rod for controversy in this year's presidential election.
"Over the next two to three years, we will have migrated all of our small-car production to Mexico and out of the United States," Fields said.
Ford isn't the first automaker move small car production out of the U.S. as Mexico has become a mecca for new automotive industry investment and has surpassed Canada in annual automotive production.
Still, the news sparked a fresh round of criticism from Republican Presidential candidate Donald Trump, who was in Flint on Wednesday.
"We shouldn’t allow it to happen. They’ll make their cars, they’ll employ thousands of people, not from this country and they’ll sell their car across the border," Trump said. "When we send our jobs out of Michigan, we’re also sending our tax base."
Read more here. (Detroit Free Press)
