>> President elect Donald Trump running out of US auto makers to threaten on Twitter, so he's now turning his attention to foreign auto makers like Japan's Toyota. Trump tweeting Thursday, Toyota Motor said will build a new plant in Baja, Mexico to build Corolla cars for US. No way!
Build plant in US or pay big border tax. But Trump is once again loose with some of the facts. The Baja plant is already up and running, producing pick up trucks to meet Americas insatiable demand for large vehicles. The factory Toyota is planning to build is actually in Guanajuato, and will be producing smaller cars once made in Canada.
Toyota responding with a message of its own, highlighting its 60 year relationship with the US, adding that no US jobs will be lost as a result of the new factory in Mexico, and that it looks forward to working with the Trump administration. Trump is making a habit out of trying to shame companies into investing more in the US in order to save American jobs.
Earlier this week he took aim at General Motors. And in a preemptive move, Ford said it was scrapping plans to build a new factory in Mexico.