Ford Cancels Plans for New $1.6 Billion Mexico Plant
- CEO Mark Fields makes announcement at Michigan factory
- Trump targeted Ford in campaign for plan to shift production
Ford CEO: We'd Make Same Mexico Decision Without Trump
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Ford Motor Co. will scrap plans to build a $1.6 billion plant in Mexico, after coming under criticism by President-elect Donald Trump for shifting small-car production south of the border.
The next-generation Focus compact car will be built at an existing factory in Hermosillo, Mexico, and Ford will cancel plans to build a plant in San Luis Potosi, Chief Executive Officer Mark Fields Tuesday. The second-largest U.S. automaker will build two products at a factory in Wayne, Michigan, where it assembles the Focus now, protecting about 3,500 jobs.