Last Sunday, Presidential hopeful Donald Trump let fly a couple of tweets claiming that thanks to his constant pressuring, Ford Motor Company had backed down from its planned $2.5 billion investment in Mexico, and instead committed to keeping that production here in the US.
In fact, Ford Motor Company had not indicated at any such thing, and Ford CEO Mark Fields has commented on the issue.
According to MLive, Mark Fields remarked during a conference call to discuss Q3 results that Ford has “not talked to Donald Trump and we have not made any changes to our manufacturing plans,” despite what the business mogul and politician has been claiming. “Facts are stubborn things,” Mr. Mark Fields continued. “At Ford we’re proud of the facts and unfortunately we suspect the facts are getting lost in the politics.”
Trump’s source in all of this was a dubious website called Prntly, which most likely confused the impending $2.5 billion investment in Mexico with Ford’s relatively recent F-650 and F-750 production switch from the country to the Ohio Assembly Plant in Avon Lake, Ohio. But that decision was made four years ago, before even the previous election cycle.
Mark Fields added that Ford Motor Company has invested some $10 billion in its US operations since 2011, and that the US accounts for about 80 percent of its investments. But ultimately, said Fields, “We’re a multinational company and we invest in all the markets we do business in.”
“We know facts don’t cease to exist because they’re ignored,” concluded Mark Fields. “But those are the facts at Ford.”