Ford cancels $1.6 billion Mexican plant

By REUTERS
January 3, 2017 18:06

WASHINGTON - Ford Motor Co said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory as it expands its electric vehicle and hybrid offerings.

The second largest US automaker had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans.


Related Content

Breaking news
October 22, 2019
Erdogan, after Russia deal, says U.S. has not kept promises on Syria

By REUTERS

Cookie Settings