Author: Vitaliy Dadalyan

Ford Is Said to Shift Plans Again for Underused Mustang Plant

(Bloomberg) -- Ford Motor Co. is changing course a third time in as many years with its Mustang assembly plant in Michigan, nixing plans to make a new model there and tentatively shifting production to a factory in Ohio, according to people familiar with the matter.Ford no longer intends to build electric vehicles alongside Mustangs at its plant in Flat Rock, south of Detroit, according to the people, who asked not to be identified. The product now appears to be heading to the automaker’s plant in Avon Lake, Ohio, where it’s investing $900 million to build an unspecified new product in 2023.The United Auto Workers outlined the Ohio investment Friday in a document highlighting the tentative agreement the union reached with Ford earlier this week. Workers will start voting on the contract on Nov. 4.Roughly a year and a half after moving production of a future electric sport utility vehicle to...