Ford cancels planned $1.6M Mexico plant; announces $700M investment in Michigan

Ford scrapped plans for a new plant in Mexico while announcing a $700 million expansion of its Flat Rock, Mich., plant and the development of a broad array of new electrified vehicle models, some of which will be built there.  CEO Mark Fields said the No. 2 U.S. automaker expected high consumer acceptance of electrified vehicles — gas-electric and plug-in hybrids, as well as battery-powered vehicles — to spur demand for the new models. Fields spoke specifically about seven of 13 electrified vehicles Ford will be introducing through 2020, including a gas-electric version of its Mustang sports coupe, a gas-electric F-Series pickup truck, two “pursuit rated” gas-electric police vehicles to be built at its plant in Chicago, a plug-in hybrid Transit van for sale in Europe, an all-new battery-powered small SUV with a range of 300 miles, and a high-volume autonomous vehicle for ride-sharing or ride-hailing to be used in North America.