American President-elect Donald Trump threatened Toyota automotive company for its project to build a new plant in Mexico to produce cars destined for the US market.
Toyota plant said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax,
twitted Trump, who had already made a similar threat to General Motors.
In his message, Trump lamented that Japan’s Toyota Motors set up a new plant in Mexico to build Corolla models for the United States.
In a brief official response, Toyota said that it wants to collaborate with Trump’s management to serve the best interests of consumers and the automotive industry.
The firm guaranteed that the opening of the plant in Mexico, in the city of Guanajuato, will not affect in any way the presence of Toyota in the US.
In April 2016 Toyota had announced the construction of its 15th plant in North America, with an assembly plant in Guanajuato to join the plant it already owns in Tecate, Baja California, on the border with the United States.
Toyota’s plan is to use that new plant for the Corolla model in 2019, in coordination with the company’s plant in Mississippi: it would represent the opening of some 2,000 jobs.
The company had allocated a 1-billion-dollar budget to build the plant in Mexico, with a production capacity of about 200,000 units a year.
The following day, Ford Company announced its decision to cancel the project to build an assembly plant in San Luis Potosí, Mexico, where some 2,800 jobs would have been created.
In response, the Ministry of Economy of Mexico issued a note in which it stated that Ford will have to pay any investment that the Mexican government has made to facilitate the construction of the plant.