Ford shifting all U.S. small-car production to Mexico
CEO Mark Fields told investors the move is part of plans to make production simpler and less expensive
Ford plans to eventually shift all North American small-car production from the U.S. to Mexico, CEO Mark Fields told investors Tuesday, even though the company's production investments in Mexico have become a lightning rod for controversy in the presidential election.
"Over the next two to three years, we will have migrated all of our small-car production to Mexico and out of the United States," Fields said at a daylong investor conference in Dearborn. More...
Read next: Doug Ford walks back pledge to issue work permits to asylum seekers
