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General Motors

Fiat avoids Trump wrath, but Mexico imports coming soon

DETROIT: Fiat Chrysler so far has escaped the wrath of President-elect Donald Trump's Twitter feed, but the automaker is due to start importing models from Mexico as soon as this month. Fiat Chrysler shifted production of the new Jeep Compass to Mexico so it could build another vehicle in the Illinois plant outside of Chicago, where the Compass was produced until last month. The move was part of the overall effort to boost production for its popular Jeep brand, according to the company's executives. So far FCA has…

As Trump targets Toyota over Mexico, Nissan faces bigger risk

TOKYO: U.S. President-elect Donald Trump has threatened Toyota over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan, the largest automaker operating in the country. Trump has criticized U.S. companies like General Motors and Ford  which manufacture abroad, accusing them of costing U.S. jobs. On Thursday he took on Toyota, warning the world's largest automaker that it would face a "big border tax" if it exported Mexico-built cars to the U.S. market. But it is Nissan,…

Ford cancels $1.6 billion Mexican plant after Trump criticism

Ford Motor said on Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after it had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans. The second largest U.S. automaker said it would build new electric, hybrid and autonomous vehicles at the Michigan plant. Ford Chief Executive Mark Fields said the decision to cancel the new plant in Mexico was in part related to the need to "fully utilize capacity at existing…