HALISTER: Ford Cancels Plans for New $1.6b Mexico Plant

Ford Cancels Plans for New $1.6b Mexico Plant

(Bloomberg) -- Ford scrapping plans for a new $1.6b plant in San Luis Potosi, Mexico, and investing $700m in Flat Rock, Michigan, plant expansion.
  • Ford to build next-generation Focus at existing plant in Hermosillo, Mexico, to improve company profitability
  • NOTE: Dec. 3, Ford Willing to Work With Trump If Policies Are Right: CEO (Link)
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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F US (Ford Motor Co)

Topics
First Word DC - Foreign Policy

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