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Trump praises Ford, Fiat Chrysler for U.S. investments

U.S. President-elect Donald Trump arrives to speak during a USA Thank You Tour event at Giant Center in Hershey, PennsylvaniaPresident-elect Donald Trump praised Ford Motor Co and Fiat Chrysler Automobiles NV on Monday for announcing new investments in the United States after he made U.S. auto production a key part of his campaign. Ford announced last week it would abandon plans to build a $1.6 billion plant in Mexico and would invest $700 million in a Michigan plant over four years, while Fiat Chrysler said Sunday it will invest $1 billion and add 2,000 jobs at plants in Ohio and Michigan to build new SUVs and pickup trucks.

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