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Ford cancels plan for $1.6 billion plant in Mexico after Trump criticism
yahoo ^ | January 3, 2017 | Reuters

Posted on 01/03/2017 10:50:59 AM PST by mdittmar

FLAT ROCK, Mich./WASHINGTON (Reuters) - Ford Motor Co (F.N) said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after President-elect Donald Trump had harshly criticized the Mexico investment plan.

The second largest U.S. automaker said it would build new electric, hybrid and autonomous vehicles at the Flat Rock, Michigan plant.

Ford Chief Executive Mark Fields said the decision to cancel the new Mexico factory was in part related to the need to "fully utilize capacity at existing facilities" amid declining sales of small and medium sized cars such as the Focus and Fusion.

Fields also endorsed "pro growth" tax and regulatory policies advocated by Trump and the Republican-led Congress. "This is a vote of confidence for President-Elect Trump and some of the policies he may be pursuing," Fields said.

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: trumpstillwinning; trumpwinsagain
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1 posted on 01/03/2017 10:50:59 AM PST by mdittmar
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To: mdittmar

Dang! It’s like Trump is president already!


2 posted on 01/03/2017 10:52:36 AM PST by Nothingburger
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To: mdittmar

The Trump affect!


3 posted on 01/03/2017 10:52:53 AM PST by orchestra ((And there were also two other, malefactors, led with him to be put to death.))
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To: mdittmar

Oh my. Trump hasn’t even taken office yet and he has done more
for American workers hat Obama has done in 8 years.


4 posted on 01/03/2017 10:53:10 AM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance)
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To: mdittmar

#winning


5 posted on 01/03/2017 10:53:24 AM PST by BAW (It is Yuge!)
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To: mdittmar

Obama wanted the jobs to go to Mexico. He was fine with Americans working part time at McDonalds because it meant more redistribution of wealth to 3rd world countries.


6 posted on 01/03/2017 10:53:27 AM PST by Stevenc131
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To: mdittmar

Trump to Mexico: Besa mi culo.


7 posted on 01/03/2017 10:54:14 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: mdittmar

Trump Wins Again


8 posted on 01/03/2017 10:54:29 AM PST by samtheman (I REALLY hope Trump reads FR)
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To: samtheman

Winning


9 posted on 01/03/2017 10:56:04 AM PST by scooby321 (o even lower)
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To: mdittmar
The only ones not coming around to Trump are life's biggest losers, and they will become bigger losers in the next eight years if they last that long.

A Happy and Wonderful Schadenboner New Year to all the le Deplorables/Freepers across America!

(The Never Trumpers never die, they just get smellier, snarl, whine more and look/act very depressed!)

Urban Dictionary: Schadenboner:

Schadenboner. An extreme degree of pleasure from the misfortune of Never Trump A$$holes whining, crying and moaning after Trump’s victory..

Please donate monthly to Free Republic to keep our Schadenboner strong and viable for the next 8 to 16 years!

10 posted on 01/03/2017 10:58:35 AM PST by Grampa Dave (Obama shut your lying mouth and leave America! You are past your use by date! You stink!)
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To: mdittmar

Go Trump! I hope all this is making bammy real angry.


11 posted on 01/03/2017 10:59:36 AM PST by I want the USA back (Lying Media: completely irresponsible. Complicit in the destruction of this country.)
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To: mdittmar

Government Motors takes another hit....


12 posted on 01/03/2017 11:02:06 AM PST by trebb (Where in the the hell has my country gone?)
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To: mdittmar

President Trump does not need the White House Press Corps. He can send tweets when he wants to and reach real Americans. The press can respond to his tweets if they have questions. They just don’t get the ratings from TV-quality video or the opportunity to ask their “gotcha” questions while he is on the spot.

So far, President Trump on Twitter has done more for international relations (Taiwan) and for jobs (Ford and others) just by saying and doing the right thing than I ever imagined we’d see before the Inauguration.


13 posted on 01/03/2017 11:08:10 AM PST by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: Pollster1

I think Trump has been completely wrong on one yuge topic.

We are NEVER going to get tired of winning


14 posted on 01/03/2017 11:22:02 AM PST by vooch
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To: Grampa Dave
Is that Jen Psaki front and center in the top pic? If so, the look of distress on her smug and self-righteous face is worth a bazillion bucks!

SUCK IT, LOSERS!!!

Scouts Out! Cavalry Ho!

15 posted on 01/03/2017 11:26:56 AM PST by wku man (Just One Gun, the latest from 10 Pound Test - https://www.youtube.com/watch?v=X6uFqQenIU4)
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To: wku man

I think that is Jan doing the snowflake pout!

Go to the link below for more of her photos:

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=Jen+Psaki+photos


16 posted on 01/03/2017 11:30:55 AM PST by Grampa Dave (Obama shut your lying mouth and leave America! You are past your use by date! You stink!)
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To: Grampa Dave

There u go again GPD, posting all those great pics(except my favorite).


17 posted on 01/03/2017 11:51:34 AM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance)
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To: mdittmar

Dear FoMoCo,

In one month, I will buy a new Honda CR-V compact SUV. It is made entirely in the USA, mostly here in Ohio.

We looked at Ford compact SUVs and they were made in other countries.

So, I’m supporting American jobs and not Mexican, Vietnamese, Chinese, etc., jobs.

I own an F150, made in USA. I own a Mustang, made at the time in the USA. I own an F450, made in the USA. In the past I’ve owned everything from a Falcon to a Pinto to an Aerostar. Ford had always been my go-to car company.

So, it’s not about FORD.


18 posted on 01/03/2017 11:59:55 AM PST by xzins (Lord Jesus Christ, Son of God, have mercy on me, a sinner.)
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To: mdittmar

According to globalist free marketers it is impossible to create incentives to keep multinational corps from strip mining our economy and shipping it overseas. They have been saying that since the late 1980s as they have destroyed our economy while enriching the financial and political class doing the heavy lifting. The same groups that just went all in about $1.5 billion in a failed bid to get another globalist sock puppet elected as president.

Trump is illustrating what a big lie that was and how the globalist free market types were loyal to themselves but not the country. Access to our consumer market combined with reasonable corporate taxes and regulations was all it ever took to strategically protect our country. This was never hard to do. No multinational corp would ever walk away from our market and the globalist types deserve the beat down they are getting for being stupid and greedy.


19 posted on 01/03/2017 1:00:33 PM PST by Gen-X-Dad
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To: mdittmar

Forget even the jobs at the plant

Think of Ford spending money like you think of a tourist spending money... you want the tourists come to spend money in your town... not the other town

So consider 1.6 billion of Ford money to build the plant will now not be leaving the US to be spent in Mexico.

And 700 million of Ford money will be spent in the US


20 posted on 01/03/2017 1:24:18 PM PST by tophat9000 (Tophat9000)
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