Author Topic: Ford cancels plan for $1.6 billion plant in Mexico after Trump criticism  (Read 1265 times)

0 Members and 1 Guest are viewing this topic.

Offline HAPPY2BME

  • Hero Member
  • *****
  • Posts: 5617
  • Reputation: +100/-231
  • For The People And By The People
 Tue Jan 3, 2017

 By Bernie Woodall and David Shepardson | FLAT ROCK, Mich./WASHINGTON

Ford Motor Co (F.N) said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory, after President-elect Donald Trump had harshly criticized the Mexico investment plan.

The second largest U.S. automaker said it would build new electric, hybrid and autonomous vehicles at the Flat Rock, Michigan plant.

http://www.reuters.com/article/us-ford-mexico-idUSKBN14N1EO