Posts Tagged ‘trump ford’

Ford Dragged into Mueller-Trump Probe After Rejecting “Consulting” Pitch from Cohen

Special counsel reportedly asking Ford for documents and has interviewed executive.

by on May.14, 2018

NY attorney Michael Cohen was known as the "fixer" for Donald Trump.

The Ford Motor Co. has found itself caught up in the expanding probe into possible Russian collusion into the 2016 presidential election.

Special counsel Robert Mueller has asked the automaker to provide records relating to an apparent with Michael Cohen, President Donald Trump’s personal lawyer, though it appears Ford rejected the bid. The automaker came under repeated attack by Trump during his campaign for its plan to move small car production to Mexico, and faced threats that, as president, Trump would hit it with sanctions.

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The New York attorney’s office and home were raided last month and it has since been learned that he received payments from AT&T and Novartis pharmaceuticals, among others, for services as a “consultant.”  Widely known as Trump’s “fixer,” Cohen also reached out to Ford, according to Michael Avenatti, the California attorney for Stormy Daniels, the porn star who Cohen paid off just before the 2016 election.

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Ford Reveals $1.2B Investment in 3 Michigan Plants

Project in the works for some time, but automaker hails pro-growth environment.

by on Mar.28, 2017

A worker on the line at Ford's Michigan Assembly Plant. It will soon be building trucks.

Ford Motor Co. will invest $1.2 billion in three Michigan facilities, the automaker announced Tuesday, a move signaled overnight through a tweet from Pres. Donald Trump.

The three projects the package covers will help save and, in some cases add, thousands of jobs in the suburban Detroit region, in line with one of the president’s priorities. But a senior executive from Ford told TheDetroitBureau.com that all three projects were in the works well before Trump took office – the largest, involving an $850 million assembly plant investment, approved as part of a deal with the United Auto Workers Union in 2015.

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The announcement is “consistent with what we announced previously,” said Joe Hinrichs, Ford’s President of the Americas, though he quickly stressed that Ford is “encouraged by the pro-growth approach the administration is trying to follow. We continue to be encouraged by the dialogue.”

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Trump Tweets About $1B Ford Plant Plan

Project actually in the works since 2015.

by on Mar.28, 2017

Ford finally confirmed in January it will bring back the Bronco (a concept version shown here).

Ford Motor Co. is expected to announce today that it will spend over $1 billion to expand and upgrade three plants in Michigan, an expansive program highlighted overnight in a tweet from President Donald Trump and detailed in a story in a local Detroit paper.

According to the Detroit News, however, the largest portion of that project involves an investment at the Michigan Assembly Plant in the Detroit suburb of Wayne, Michigan and was in the works well before the businessman-turned politician was elected president last year. The other investments are expected to support work at that plant.

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As a candidate, Trump frequently criticized Ford over its decision to move small car production to Mexico, warning that he would take steps, as president, to penalize the automaker, including an import tax on Mexican-made vehicles. In January, however, Trump hailed Ford’s announcement that it was canceling a second Mexican plant – even though it was still going ahead with plans to move the compact Focus model to Mexico.

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