DEARBORN, MI—Ford Motor Co. will invest $1.6 billion to build a new assembly plant in Mexico for the manufacture of small vehicles. Work on the facility will start this summer in the state of San Luis Potosi, and the factory will create 2,800 direct jobs.
INDIANAPOLIS—Two Indiana assembly plants that make products for the heating, ventilating and air conditioning industry are shifting their manufacturing operations to Mexico, which will cost about 2,100 workers their jobs, company officials announced Wednesday.
MEXICO CITY—Ford Motor Co. is planning to spend about $1 billion on a new assembly plant in Mexico, less than a year after committing $2.5 billion to the country to expand an existing factory and build a new transmission facility.
PESQUERIA, Mexico—Quality and production runs are under way at Kia’s new vehicle assembly plant here, which is considered 95 percent completed. Construction and tooling of the $3 billion plant was completed in just 13 months. The factory should have an annual production capacity of 300,000 vehicles.
DETROIT—Republican presidential candidate Donald Trump slammed Ford Motor Co.’s plans to invest $2.5 billion in Mexican assembly plants and vowed to tax any vehicles made there.
AGUASCALIENTES, Mexico—Five years after announcing their strategic collaboration, Daimler and the Renault-Nissan Alliance are expanding its scope with the start of a manufacturing joint venture here. The automakers will invest $1 billion in the assembly plant, which produce compact cars for the Mercedes-Benz and Infiniti brands.