Mexico says does not expect Ford decision to cause similar decisions

Ford Motor plant in Cuautitlan Izcalli, Mexico

Mexico’s economy minister stated on Tuesday he did not believe that Ford Motor’s decision to cancel its scheduled $1.6 billion factory in San Luis Potosi state will activate a series of similar decisions.

Economy Minister Ildefonso Guajardo informed local radio that the choice specified to Ford’s altering demand as well as the company’s stance towards U.S. President-elect Donald Trump.

Ford, the second biggest U.S. car manufacturer, stated it would develop brand-new electrical, hybrid and self-driving cars at the Flat Rock, Michigan plant and add 700 jobs.

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