January 3, 2017 / 4:07 PM / a year ago

Ford cancels $1.6 billion Mexican plant

WASHINGTON, Jan 3 (Reuters) - Ford Motor Co 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. (Reporting by David Shepardson; Editing by Chizu Nomiyama)

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