Ford refused to build a plant in Mexico, after criticism of trump

Ford refused to build a plant in Mexico, after criticism of trump

180
0
SHARE



Photo: AP photo

Ford Motor company refused to build a plant in Mexico, after criticism of Donald trump against its American rival – General Motors

As informs Agency Reuters, the manual Ford refused to build a plant to produce cars in a Mexican San Potosi. It happened after trump in his twitter threatened increase in taxes of General Motors Corporation, produces car Chevy Cruze in Mexico.

Ford CEO mark fields, explaining the decision to abandon the plant in Mexico, explained it is not only a “sign of confidence” in the Trump, but also the fact that small machines that would be manufactured in San Potosi, might not be in demand in the United States. According to him, Ford would take such a decision even if the President was not elected trump.

While fields said that Ford will invest $700 million in a plant in Michigan that will be created with hybrid cars and electric vehicles.

During the election campaign, trump criticized the concept of leadership Ford to invest $1.6 billion in Mexican plant, calling the idea “an absolute disgrace”.

Statement trump and the decision Ford has already led to the depreciation of the Mexican peso.

Message elected President of the USA regarding the production Chevy Cruze in Mexico appeared the day 3 Jan. “General Motors supplies dealers in USA made in Mexico Chevy Cruze and not pay taxes when crossing the border. Do US a big edge up or pay the tax!” — trump wrote on his page on Twitter.

To import duty-free in the U.S. released in Mexico, the car allowed by the rules of the agreement on North American free trade area (NAFTA), which trump during his election campaign promised to cancel.