Ford sticks with Mexico plants plan
US car maker Ford is sticking with a plan to open two autoparts plants in Mexico in 2016, despite earlier announcing it had scrapped plans for a separate factory there. Ford, without warning in January, cancelled plans to build a $1.6bn project in San Luis Potosi, a car-making area in central Mexico. Gabriel Lopez, president and CEO of Ford Mexico, said, however, that this did not affect two other projects it had under way in the country since 2015 that were scheduled to begin production in 2017. The plants, in the central state of Guanajuato and the northern city of Chihuahua, will make engines and transmissions. They will supply Ford factories in the US, South America, Europe and Asia.