Ford Cancels $1.6B Mexico Plant After Trump’s Criticism

Ford has decided to cancel its $1.6 billion plant in San Luis Potosí, Mexico, as announced by CEO Mark Fields. Instead, Ford will focus on producing electric vehicles, with plans to introduce 7 out of 13 new models in the next five years. The company will also invest $700 million in expanding its Flat Rock, Michigan plant. These decisions are influenced by comments from the President-elect.

What major decision did Ford announce regarding its plans in San Luis Potosí, Mexico?

• To open a new plant

• To expand the existing plant

• To increase production capacity

• To cancel the new plant plan

How many new electric vehicles does Ford plan to introduce in the next five years?

• 13 out of 20

• 10 out of 15

• 7 out of 13

• 5 out of 10

Where will Ford build the next generation Focus?

• At a new plant in Mexico

• In San Luis Potosí, Mexico

• At an existing plant in Mexico

• In Flat Rock, Michigan

How much is Ford investing in the expansion of its Flat Rock, Michigan plant?

• $500 million

• $600 million

• $700 million

• $800 million

What influenced Ford's decision to cancel the $1.6 billion plant in Mexico?

• Technological advancements

• Market demand

• Comments from the President-elect

• Environmental concerns