Ford is moving to Mexico.
Well, not really, but you’d think so based on the reaction of some politicians after Ford announced plans to expand and build more vehicles in Mexico.
The Detroit automaker said it will invest $1.6 billion in a new Mexican facility and create 2,800 jobs by 2020, with construction expected to begin this summer. The plant will build small cars for export to the United States.
This is probably a good development for American car buyers because it means more affordable vehicles on dealer lots. Not everyone sees it that way, though.