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World Business Report: First broadcast 2017/01/09 01:06 GMT: Trump and the Motor Industry

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Trump and the Motor Industry

First broadcast 2017/01/09 01:06 GMT

First broadcast 2017/01/09 01:06 GMT: Trump and the Motor Industry

BBC World Service - World Business Report, Trump and the Motor Industry

As motor industry bosses meet in Detroit, what could President Trump mean for the sector?

It's one of the biggest weeks of the year for the motor industry, but as the annual North American International Auto Show gets underway in the Motor City of Detroit, one man is once again the main talking point - incoming President Donald Trump.
General Motors and Ford have been just two of the companies to be on the end of the President elect's sharp tweeting about taking manufacturing jobs across the border to Mexico. But could his high profile Twitter threats of tariffs on car companies producing models south of the border be influencing the industry's biggest boardrooms? Last week Ford seemed to come in line by choosing to expand its site in Michigan, canning plans for a new plant in Mexico. And today, on the show's opening day, an announcement from Fiat Chrysler of a $1bn investment to produce three Jeep models in the US. Automotive News editor Jason Stein joins us from the show to give us a flavour of how the industry is preparing for President Trump. 
And, what might an expanded football World Cup mean for the economy of the global game? Football Finance expert Rob Wilson talks us through the likely financial winners and losers, as football's world governing body FIFA meets in Swtizerland to discuss the plans today.
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