Donald Trump has made it clear: He doesn’t like automakers building cars in Mexico and exporting them to the U.S.
It’s uncertain how automobile trade policy will change under the incoming Trump administration. But one thing’s for sure: Whenever an automaker creates a new job in the U.S., it’s going to pump it for all the public relations value it’s worth.
On Monday, Toyota said it would spend $10 billion on new investments in the U.S. over the next five years. A day earlier, Fiat-Chrysler announced it would invest $1 billion and create 2,000 jobs at two U.S. plants that make sport utility vehicles and trucks.
And last week, Ford said it would cease construction of a...