MADRID, May 10 (Reuters) - U.S. car maker Ford plans to assemble 300,000 units of a new model per year at its Spanish plant in the Valencia region starting 2027, the Spanish Industry Ministry said on Friday.

The company had said in March it was considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, amid changes it saw in the industry and market evolution. (Reporting by Inti Landauro; editing by Philippa Fletcher)