Ford Motor CEO Mark Fields announced Wednesday that over the next two to three years, all of the company's small-car production will be moved out of the United States to a plant in Mexico, Reuters reports. The company cited Mexico's lower costs as the driving force behind the business decision.
The $1.6 billion Ford assembly plant in Mexico has long been a target of Donald Trump's attacks, with him calling it an "absolute disgrace" last April.
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"I don't think Ford Motor Co. makes their announcements according to a political calendar," Kristin Dziczek, the director of the Industry and Labor Group for the Center of Automotive Research, told The Detroit News. "All of the automakers are growing their presence in Mexico. It's not just cheap labor, it's trade access to the rest of the world."
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