Excerpted From Bloomberg: President-elect Donald Trump said Ford Motor Co. will be keeping a Lincoln plant in the U.S. instead of moving it to Mexico.
Just got a call from my friend Bill Ford, Chairman of Ford, who advised me that he will be keeping the Lincoln plant in Kentucky – no Mexico
— Donald J. Trump (@realDonaldTrump) November 18, 2016
I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. I owed it to the great State of Kentucky for their confidence in me!
— Donald J. Trump (@realDonaldTrump) November 18, 2016
Ford builds the Lincoln MKC small sport-utility vehicle at its Louisville Assembly Plant in Kentucky alongside the Ford Escape SUV. Ford has never said it was considering moving MKC production to Mexico, where it builds the Lincoln MKZ sedan at its factory in Hermosillo.
Trump has criticized Ford for planning to move all its North American small-car production to Mexico, where wages are 80 percent lower than in the U.S. During the campaign, he threatened to slap Ford’s Mexican-built cars with a 35 percent tariff. He also said he would terminate the North American Free Trade Agreement, which lets goods flow between Mexico, the U.S. and Canada without tariffs. Keep reading
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