Ford’s Focus on Mexico

Ford to build huge plant in Mexico despite outrage

Trump blasts Ford over plans for new Mexico plant
Brent Snavely, Detroit Free Press | April 5, 2016 | USA Today

Ford Motor (F) said Tuesday it will invest $1.6 billion to build a new plant in San Luis Potosí, Mexico to build small cars, making it the latest automaker to expand its presence there.

Ford’s investment in Mexico will create more than 2,800 jobs by 2020, delivering a blow to the UAW, which pushed for higher wages in its contract talks with the automaker last year. The announcement also comes amid a presidential election where the the leading Republican candidate, Donald Trump, has publicly pressured Ford to drop its plans to expand in Mexico.

Ford said Tuesday it remains committed to investing in the U.S. and adding jobs in America even as it expands its presence in Mexico.

More: http://www.usatoday.com/story/money/cars/2016/04/05/ford-mexico-jobs-new-plant/82649768/

Ford is building plants in Mexico and the US is building a future in denial.

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4 comments on “Ford’s Focus on Mexico

  1. peppermintfarm says:

    If the tax rates stay as they are we won’t have any cars and other industries left in this country. And what future? Is there one? Unless Trump wins I see none left ahead for us.

    Liked by 1 person

  2. Davetherave says:

    Bull I can’t say blame Ford. They are a business and a publically held business at that. Have to keep the stockholders happy. (As much as that reality pisses of the looney commie left)

    Taxes and union wages (plus benefits) are just making it too attractive to get out of the US. I don’t blame the dog that runs away from the asshole beating him.

    Like

  3. the unit says:

    With union membership eroding, what chance do they have to prevent such. NAFTA law and guidelines makes it all legal. Back then before it passed Bush 41 and republicans were gnashing their teeth to get the agreement. Unions were stronger and democrats wouldn’t budge. But the global picture was cast and all the actors lined up. Bush, an actor, relinquished the Presidency for Slick, another actor, to come on board to convince demos of the good deal it was. I think I remember reading the unions imagined the workers of the global world joining as dues paying members. Oh Happy Days.

    Like

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