|Trump's reaction when he hears this news. He should have tied corporate tax reductions to job creation.|
Ford Motor Co. is screwing American workers again, shifting planned production of a small electric-powered sport utility vehicle to Mexico instead of a Michigan factory.
Sending the electric vehicle to Mexico, where labor costs are lower, will help the business case for the costly model. It also risks raising the ire of President Donald Trump, who had been sharply critical of an earlier plan by Ford to build a small car factory in Mexico that the company ultimately canceled.
Ford’s chief executive officer, Jim Hackett, has been accelerating the automaker’s moves in electric and autonomous cars, while announcing $14 billion in cost cuts to improve what he calls the company’s “fitness." After replacing Mark Fields as CEO in May, one of Hackett’s first moves was to shift a plan to make the Focus small car in Mexico to one of the automaker’s plants in China.