USMCA Watch: Fiat-Chrysler Recommits to Mexico as Exports Reach a Record — Panjiva


USMCA Watch: Fiat-Chrysler Recommits to Mexico as Exports Reach a Record

Cons. Discr. - Autos 661 Mexico 505 Trade Deals 703 U.S. 3301 USMCA 373

The U.S. automakers are beginning to confirm their long-term supply chain plans following the resolution of the U.S.-Mexico-Canada Agreement (USMCA, aka NAFTA). Fiat-Chrysler will continue production of its Ram light truck in Mexico, CEO Mike Manley has indicated, in order to maintain its market share of the North American market. That reverses a plan to end Mexican production that was announced in 2017. So far Fiat-Chrysler has not made any radical changes while negotiations continued. Its exports from Mexico reached $7.22 billion in the 12 months to August 31. While they reached a reco...

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