Ford Cancels Plans for New $1.6 Billion Mexico Plant | Bloomberg


downloadFord 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 said 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.

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