Ford not scrapping plans to build Mexico factories: company exec

[ABX]

Ford is sticking with its plan to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi.

The US carmaker said a planned factory in the central state of Guanajuato will build engines and transmissions, while another in the northern city of Chihuahua will make car parts for use by Ford factories in the United States, South America and Asia.....

https://www.yahoo.com/news/ford-not-scrapping-plans-build-mexico-factories-company-021839351.html

[Frank Cannon]

So the San Luis Potosi small car plant is back on? The article doesn't go into details.

[ABX]

So the San Luis Potosi small car plant is back on? The article doesn't go into details.

That is off but it looks like they are building two more in Mexico in its place.

“The truth is we never left.” Those were the words of Ford Motor Company’s Mexico president Gabriel López yesterday when he advised that two new plants are set to begin operating in Mexico this year. - See more at: http://mexiconewsdaily.com/news/two-new-ford-plants-set-to-open-this-year/#sthash.eJkX9iM3.dpuf