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BREAKING NEWS

Ford cancels $1.6 billion Mexican plant

By REUTERS
Updated: JANUARY 3, 2017 18:07
WASHINGTON - 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 US automaker had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans.
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