DETROIT - Ford Motor Co. is expected to announce Monday that it will build the next generation of its Ford Mustang sportscar at a Michigan plant owned jointly by Ford and Mazda Motor Corp.
Ford has scheduled a news conference at the AutoAlliance plant in Flat Rock, Mich., for Monday. Ford spokespeople declined to comment on the topic of the conference, but a source familiar with the company's plans said it would announce the long-rumored move of Mustang production from its plant in Dearborn.
The Flat Rock plant, which began building the new Mazda 6 sedan late last year, has been underutilized for a good part of its 11-year history. Ford, which owns a controlling stake in Mazda, has been trying to boost factory productivity as part of its turnaround plan.
The next generation of the Mustang, an icon of the 1960s that's still one of Ford's most popular models, is scheduled to go into production next year.