Ford confirms small car production moving from US to Mexico
DETROIT (AP) — Ford Motor Co. says it’s moving all of its U.S. small car production to Mexico.
Ford CEO Mark Fields confirmed the long-expected move Wednesday during an event for investors and Wall Street analysts.
Ford currently makes its Fiesta subcompact in Mexico, but its Focus and C-Max small cars are made in suburban Detroit. Making them in Mexico would boost company profits because of low wages there.
The company is building a new $1.6 billion assembly plant in San Luis Potosi, Mexico. It will make small cars there starting in 2018.
Ford’s Michigan Assembly Plant, which currently makes the small cars, will be getting new products under a contract signed last year with the United Auto Workers union. They will likely be larger, more profitable vehicles like the Ford Ranger pickup.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Sponsored Articles
-
Failed back surgery: New hope for patients living in pain
-
Ticking time bombs: Telltale signs your water heater is about to explode
-
Reading glasses could be a thing of the past
-
6 cool ways teachers are using technology in the classroom
-
Emerging tech jobs in Phoenix and how to get one in 2017
-
4 top treatments athletes use for pain
-
Emergency! What to do when bathrooms flood
-
Operation Santa Claus needs holiday help
-
This college bowl season is likely to be epic
-
Arizona kids in crisis: How you can help
-
11 holiday classics for the ultimate movie marathon
-
2016 college football rivalry games you simply can't miss
-
New treatment offers hope for migraine sufferers
-
11 stadiums to watch your favorite football team
-
Shopping for a TV? Best models for 2016
-
The new beer pairing guide for holiday foods
-
Avoid this holiday plumbing disaster in your home
-
7 tips to avoid holiday weight gain
-
New treatments mean better prostate cancer survival rates
-
5 of the scariest things found in drains
-
6 tips to create the best family movie night
-
New bone marrow procedure holds promise for healing pain
-
The best places to celebrate Fall in Phoenix
-
Infamous athletes who did the most time for their crimes
-
Diet, exercise and aspirin: 3 tools to fight colon cancer
-
2016 baseball highlights, bloopers and blunders
-
See how CFOs really feel about business in the Valley
-
The best television shows on the internet
-
The 5 worst things you could do for your roof
-
6 coolest things brewing in Arizona
Most Popular
Related Links
- Storm survivors recount harrowing escapes; death toll at 20
- Police accuse Oklahoma widow of inciting violence in video
- White NYC officer awaits punishment in killing of black teen
- Authorities: Marital dispute led to Texas killings, suicide
- Trump admin backs off pledge of immediate immigration change
Comments