Puerto Vallarta News

Puerto Vallarta News

Ford cancels plan for new factory in Mexico

The auto industry's relationship with President-elect Donald Trump took a dramatic turn Tuesday as Ford Motor Co. decided to shift investment dollars targeted for Mexico to the U.S., while Trump threatened General Motors with a tax on some imported small cars.

Ford said last spring it would move production of the Ford Focus small car to the new plant from Michigan. Trump has repeatedly criticized the plan, and Ford was among the companies he threatened to hit with a 35-percent tariff on products made in Mexico and exported to the U.S.

Trump added General Motors . . .

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