Ford cancels new car plant in Mexico, to invest in electrified vehicle production in US
At a plant event on 3 January 2017, Ford announced plans for 13 electrified vehicles due by 2021 and for a USD700 million investment in its Michigan (United States) plant, while cancelling plans for a USD1.6 billion Mexico plant
Ford has revealed changes to its forward production plan at an event held at its plant in Flat Rock, Michigan (United States). The announcement included news that Ford will cancel plans to invest USD1.6 billion into a new plant in Mexico and that it will instead invest USD700 million in a US plant.
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