FLAT ROCK, Mich.—Ford Motor Co. is canceling plans to build a new $1.6 billion factory in Mexico, and will invest at least some of the savings in new electric and autonomous vehicles to be built in the U.S.
The San Luis Potosi, Mexico, plant, which was announced last spring, was the subject of months of contention between the company and president-elect Donald Trump. Ford had planned to move production of its Ford Focus small car to the plant from Michigan.
