Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Fiat Chrysler to shift small-car production to Mexico

Fiat Chrysler Automobiles will shift production of compact cars to Mexico and move most full-size pickup truck production to Michigan, according to a source familiar with the company's plans.

The moves may not take place until 2018 or 2019, according to a second source familiar with FCA's future product schedule.

FCA wants to relocate production of the Chrysler 200 and Dodge Dart sedans to Mexico, where labor rates are lower than in the United States. The automaker earns most of its pre-tax profit on pickups and SUVs, and wants to consolidate production of those high-margin . . .

Read Full Story

Related Posts

Who Really Protects Mexico’s Coasts From Big Projects

Who Really Protects Mexico’s Coasts From Big Projects

Mexico’s coastal projects promise jobs and tourism, but new seismic rules and Mahahual court fights...
Sheinbaum Defends USMCA as Inflation Pressures Rise

Sheinbaum meets with full cabinet amid Sinaloa and U.S. tensions

Sheinbaum met with her full cabinet as the Rocha case, U.S. extradition pressure, and Sinaloa...
Industrial warehouse market normalizes after nearshoring boom

Industrial warehouse market normalizes after nearshoring boom

Monterrey remains Mexico’s top industrial market, but CBRE data show demand is becoming more selective...
Indigenous groups protest planned Cortés and Malinche ceremony in Mexico City

Indigenous groups protest planned Cortés and Malinche ceremony in Mexico City

Indigenous groups protested a planned Malinche and Cortés ceremony in Mexico City, reviving debate over...