Ford Motor Co Chief Executive Mark Fields said on Wednesday Sept. 14 that all of the company’s small-car production would be leaving U.S. plants and heading to lower-cost Mexico, Reuters reported.
“We will have migrated all of our small-car production to Mexico and out of the United States,” over the next two to three years, Fields told Wall Street analysts at an investors conference hosted by the automaker.
Ford executives have previously described the company’s plans to shift production of smaller vehicles to Mexico. As reported in The Yucatan Times on April 6, 2016, Ford’s plans have drawn fire from its employees union and politicians including Republican presidential candidate Donald Trump.
Other U.S., European and Asian automakers have been gradually boosting production in Mexico in recent years, including construction of major production facilities in several central Mexican states. Mexico has overtaken Brazil as Latin America’s biggest auto producer.
more recommended stories
Anti-gun rally in Southern Florida after school shooting
According to The Miami Herald, people showed.
Helicopter carrying top Mexican officials flips, kills 13 on ground
According to the Chicago Tribune, a.
Mexican Space Agency participates in outer space initiatives development
According to El Universal, this year,.
Major American automakers ask Trump to stick with NAFTA
Most automakers have production and supply.
Priest accused of sexually abusing a 12-year-old child in Mexico City
A 58-year-old priest was arrested and.
Progreso Carnival: chaotic for most visitors and residents
“In addition to suffering a number.
Exemplary Yucatecan police officer accidentally drowns in a well
MÉRIDA, Yucatán.- Pedro Celestino Martín Sansores,.
Powerful 7.2 magnitude earthquake rocks Mexico City… again
A powerful magnitude-7.2 earthquake shook south.
San Diego and Tijuana keep building stronger commercial ties with new air cargo facility
A new air cargo park set.
Did you know that you can get health and life insurance for your dog in Mexico?
At present, there are several dog.