Fiat Chrysler to invest $1 billion in Michigan auto plant, create 2,500 jobs

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles stated it will move production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that decreases the threat to the automaker’s profit should President Donald Trump pull the United States from the North American Free Trade Agreement (NAFTA). Fiat Chrysler stated would create 2,500 jobs at a factory […]

Fiat Chrysler’s CEO Says Donald Trump Will Be An Auto Industry ‘Game Changer’

Donald Trump

The CEO of Fiat Chrysler has stated that Trump’s crucial stance on North American free trade might affect the automaker’s future in the U.S. Trump’s inbound presidency is a “big deal” states Sergio Marchionne talking to Bloomberg Television. “He certainly is a game changer, primarily because I think that there are a number of conditions […]

Mexican auto parts maker Rassini states unlikely U.S. will end NAFTA

NAFTA

An executive at Mexican vehicle parts maker Rassini stated on Tuesday he saw little chance the United States would scuttle the North American Free Trade Agreement (NAFTA), regardless of promises by President-Elect Donald Trump to pull out of it. “Although President-Elect Trump has stated that he might end NAFTA, we believe this is extremely unlikely,” […]