on February 9, 2016 in World News
Ford Shifting Future Auto Production To Mexico As Obama Signs Pacific Trade Deal
by Warner Todd Huston Just as President Barack Obama’s deputy signed the unpopular Trans Pacific Partnership free-trade deal during an election year, Ford Motor Company has announced it will doubling production capacity at a Mexico factory, instead of enlarging U.S. factories. The new factory will manufacture hybrid autos with gasoline and electric engines, whose development has been partly funded by U.S. taxpayers via federal research programs. According to The Wall Street Journal, Ford is planning to build 500,000 vehicles at its new Mexican factory, starting in 2018. That is double Mexico’s 2015 production. Ford has begun to build a new… View Article
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