Ford Motor Co. has announced that it will move all small-car manufacturing to Mexico with construction of a factory being built in the country.
The $1.6- billion plant will be built in San Luis Potosi State, Ford executives said. When completed in 2020, the factory will create 2,800 direct jobs. Construction began this summer. The first vehicles are scheduled to roll off the assembly line in 2018.
“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,” Mark Fields, Ford CEO, said at an investor conference in Dearborn, Mich. Ford already builds the Fiesta subcompact and the Fusion mid-size sedan in Mexico.
Fiat Chrysler Automobiles recently announced it won’t be making automobiles in the U.S. Instead, Fiat Chrysler’s U.S. plants will be focusing entirely on pickups and SUVs for the Ram and Jeep brands.
Donald Trump, the Republican candidate for president, jumped on Ford’s announcement.
“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 during his visit. “When we send our jobs out of Michigan, we’re also sending our tax base.”