Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Business

Trump Calls Ford Building Plant in Mexico 'an absolute disgrace'

Ford's plan to build a plant in San Luis Potosi with a $1.6 billion investment drew criticism from the Republican candidate

Ford Motor Co announced on Tuesday that it would invest $1.6 billion to build more small cars in Mexico, starting in 2018., Photo: Reuters/Lucy Nicholson.
By Reuters Whatsapp Twitter Facebook Share
2 years ago

DETROIT – U.S. Republican presidential front-runner Donald Trump said the move by Ford Motor Co to build a manufacturing plant in Mexico “is an absolute disgrace” and shows the need to renegotiate the North American Free Trade Agreement (NAFTA).

U.S. Republican presidential candidate Donald Trump has called for the renegotiation of NAFTA. Photo: Reuters/Jim Young.

U.S. Republican presidential candidate Donald Trump has called for the renegotiation of NAFTA. Photo: Reuters/Jim Young.

Earlier on Tuesday, Ford confirmed plans to build a plant in San Luis Potosi and an investment of $1.6 billion.

“This transaction is an absolute disgrace,” said Trump’s statement, sent to Reuters by email. “Our dishonest politicians and the special interests that control them are laughing in the face of all American citizens.”

Trump said deals like the one Michigan-based Ford made to build a plant in Mexico “will continue until we can renegotiate NAFTA to create a fair deal for American workers.”

Ford did not have an immediate comment on Trump’s statement, but two weeks ago its chief executive, Mark Fields, said Ford would not back away from foreign investments if they made sense.

“We are a global, multinational company and we will invest to keep us competitive and we will do what makes sense for the business,” Fields said.

Ford currently has more workers and makes more vehicles at its U.S. plants than do Detroit rivals General Motors Co or Fiat Chrysler Automobiles , and has fewer workers and makes fewer vehicles in Mexico than the other automakers.

GM has about 12,000 hourly paid workers in Mexico, while FCA has 9,547 and Ford has 6,191, the companies said on Tuesday.

In the United States, Ford has 55,300 hourly paid plant workers, GM has 54,000 and FCA has 36,600, the companies said.

In 2015, 80 percent of Ford’s North American production came from its U.S. plants while 63 percent of GM’s North American production came from its U.S. plants and for FCA 64 percent of its North American production came from its U.S. plants.

Comments Whatsapp Twitter Facebook Share
More From The News
Latest News

Democrat Jones wins stunning red-state A ...

5 days ago
Business

Asian stocks mixed ahead of Fed rate ann ...

5 days ago
Entertainment

NFL Network suspends analysts over sexua ...

5 days ago
Business

Minnesota announces restrictions on usin ...

5 days ago
Most Popular

Energy Secretariat Grants Permissions to ...

By The Associated Press
Business

French PM says Disputed Labour Bill Open ...

By The Associated Press
Business

White House Steps Up Aid for Financially ...

By The Associated Press
Business

WALMEX Sales Grow 15.6 Percent in Februa ...

By Omar Sánchez
Business

Many Experts Skeptical Trump’s Trade Thr ...

By The Associated Press
Business