Ford Cancels Mexico Plant, Will Create 700 U.S. Jobs in ‘Vote of Confidence’ in Trump

1/3/2017 CNN Money

2000px-Ford_Motor_Company_Logo.svgFord (F) CEO Mark Fields said the investment is a “vote of confidence” in the pro-business environment president-elect Donald Trump is creating. However, he stressed Ford did not do any sort of special deal with Trump.

“We didn’t cut a deal with Trump. We did it for our business,” Fields told CNN’s Poppy Harlow in an exclusive interview Tuesday.

The $700 million investment will go to the Flat Rock, Michigan plant to produce more electric and self-driving cars. Ford believes electric vehicles will outsell gasoline-powered vehicles within the next 15 years.

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