Puerto Vallarta News

Puerto Vallarta News

Big three U.S. automakers accelerate Mexico production plans

Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars.

New versions of several of their popular U.S. compact cars are expected to be made in Mexico, people familiar with the companies' plans said. They include General Motors Co’s new Chevrolet Cruze hatchback, a successor to Ford Motor Co’s Focus compact and a replacement for Fiat Chrysler Automobiles NV’s Jeep . . .

Read Full Story

Related Posts

December depression signs

Nearly half of adults in Mexico live with depression, specialist warns

New IMSS figures point to widespread depressive symptoms, especially among older adults, underscoring how Mexico...
Mexican universities face 50bn peso deficit in 2026

Mexican universities face 50bn peso deficit in 2026

ANUIES warns Mexico's 2026 budget won't match inflation, widening a 50.4bn-peso deficit and squeezing public...
puerto vallarta earthquake

4.4 magnitude earthquake was recorded off the north coast of Puerto Vallarta

A shallow 4.4 quake struck north of Cabo Corrientes at 7:18 a.m., felt in Puerto...
World Bank warns this decade is weakest growth since 1960

World Bank warns this decade is weakest growth since 1960

World Bank projections say the 2020s may be the slowest growth decade since 1960, leaving...