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Trump praises Ford, Fiat for U.S. investments

January 9, 2017

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President-elect Donald Trump praised Ford Motor Co. and Fiat Chrysler Automobiles for announcing new investments in the U.S. after he made U.S. auto production a key part of his campaign.

Ford announced last week it would abandon plans to build a $1.6 billion plant in Mexico and invest $700 million in a Michigan plant over four years, while Fiat Chrysler said Sunday it will invest $1 billion and add 2,000 jobs at plants in Ohio and Michigan to build new SUVs and pickup trucks.

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