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Ford cancels plan for $1.6 billion plant in Mexico after Trump criticism




Ford Motor Co (F.N) said Tuesday it will cancel a planned $1.6 billion factory in Mexico and invest $700 million at a Michigan factory, after President-elect Donald Trump had harshly criticized the Mexico investment plan.

The second largest U.S. automaker said it would build new electric, hybrid and autonomous vehicles at the Flat Rock, Michigan plant and add 700 jobs.

Read Full Story: https://www.yahoo.com/news/ford-cancels-1-6-billio...

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