Fiat Chrysler to Move Some Truck Production to Michigan From Mexico - News Summed Up

Fiat Chrysler to Move Some Truck Production to Michigan From Mexico


Dodge Ram trucks, made by Fiat Chrysler, at a car dealership in Moline, Ill. Fiat Chrysler on Thursday said it would invest $1 billion to relocate production of Ram Heavy Duty trucks to Michigan from Mexico. Dodge Ram trucks, made by Fiat Chrysler, at a car dealership in Moline, Ill. Fiat Chrysler on Thursday said it would invest $1 billion to relocate production of Ram Heavy Duty trucks to Michigan from Mexico. Fiat Chrysler, like General Motors Co. , Nissan Motor Co., and other auto makers, is heavily exposed to changes in Nafta. Fiat Chrysler increased Mexican production by about 40% in 2017 compared with 2016, according to WardsAuto.com, building 626,000 trucks in Mexico, or 27% of its entire North American production volume. At the time, Fiat Chrysler also said it was considering a shift of heavy-truck production to the U.S. from Mexico.


Source: Wall Street Journal January 11, 2018 23:37 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */