Ford Cancels Plans for New $1.6 Billion Mexico Plant
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. [Keith Naughton| January 3, 2017 |Bloomberg] The next-generation Focus compact car will be built at an existing factory in Hermosillo, Mexico, and Ford will cancel plans…