Ford Scraps $1.6B Mexico Plant After Trump Pressure

The video discusses Ford's decision to shift production within Mexico and its impact on jobs in the U.S. and Mexico. It highlights the influence of Trump's pro-business policies on the auto industry, particularly regarding fuel economy standards. The video also covers GM's response to Trump's comments about moving production from Mexico to Ohio, emphasizing the limited impact of such a move. Finally, it addresses broader concerns within the auto industry about potential tariffs and changes to NAFTA, affecting investments in Mexico.

What is Ford's plan for the Michigan plant?

• To close the plant

• To continue producing the Ford Focus

• To start producing electric vehicles

• To manufacture the Ford Bronco SUV and Ford Ranger pickup truck

What is Ford seeking from the Trump administration?

• Relaxation on fuel economy and greenhouse gas standards

• Higher tariffs on imported cars

• Subsidies for electric vehicle production

• Increased import quotas

Why did Trump criticize General Motors?

• For not producing enough electric vehicles

• For increasing car prices

• For manufacturing the Chevy Cruze hatchback in Mexico

• For closing a plant in Ohio

How did GM respond to Trump's criticism?

• By agreeing to move all production to the US

• By stating that the hatchback is mainly for export

• By announcing a new plant in Ohio

• By reducing the price of the Chevy Cruze

What is a potential concern for automakers investing in Mexico?

• A shortage of skilled labor

• Lack of demand for vehicles

• The possibility of new tariffs

• High production costs