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Ford cancels $1.6 billion Mexican plant
Posted: Jan 3, 2017
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 as it expands its electric vehicle and hybrid offerings.
The second largest U.S. automaker had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans.
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Winning! Just wait for the media's predictable - narrative of "they were going to
[ In Reply To ..]
make this move anyway” to deny any credit to be given to Trump. The next four years the leftist meltdown will be great entertainment.
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