Ford Cancels $1.6B Mexico Plant

The auto giant called President-elect Donald Trump to inform him the company will be adding hundreds of jobs in the U.S. instead of building a plant in Mexico.
1:21 | 01/04/17

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Transcript for Ford Cancels $1.6B Mexico Plant
We want to move on to the president-elect taking another victory lap after calling out Ford for a plan to build a $1.6 billion plant in Mexico yesterday. The company called trump to say they're scrapping the plan, adding hundreds of Jo bs in the U.S. Rebecca Jarvis spoke to Ford's CEO about the decision. Reporter: The plant in Mexico was a focus of Donald Trump's criticism on the campaign trail. Ford is now scrapping the plans moving production of the new Ford focus to a pre-existing plant in Mexico. Rather than add jobs in Mexico, they'll create 700 jobs here in the U.S. I asked Ford's CEO mark fields what role the president-elect played in the decision. Did you feel pressure from president-elect Donald Trump to make this decision? We look at a lot of different factors. One of the factors that we're looking at is our view is that there's going to be more positive business environment for U.S. Manufacturing under president-elect trump. His pro-growth policies. We think could be very beneficial. And this is a vote of confidence that we feel he can deliver on those things. Reporter: And ahead of the announcement, fields says he shared the news in a phone call with president-elect Donald Trump and vice president-elect Mike pence. Fields tells me it was a positive conversation.

This transcript has been automatically generated and may not be 100% accurate.

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