Chrysler says it will invest US$550 million to build Fiat 500 at Mexican assembly plant
2/8/2010, 4:44 p.m. EST
The Associated Press

(AP) — MEXICO CITY - Chrysler Group LLC says it will invest US$550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

Chrysler CEO Sergio Marchionne says the new work at its Toluca plant will create 400 jobs. He said Monday the company will begin making the model in December for U.S. and Latin American markets.

Mexican President Felipe Calderon says Chrysler will produce between 100,000 and 130,000 vehicles at the plant, creating about 1,200 indirect jobs.



Chrysler, controlled by Italian automaker Fiat Group SpA, already employs 2,000 workers to manufacture the PT Cruiser sedan and the Dodge Journey at the factory.

The automaker also has a truck assembly plant in the northern Mexico city of Saltillo.

 

It's a shame that they couldn't create 400+ American jobs

 

Yeah its sad...but its cheap labor...

 

But it won't to long before you will be say Fix it again tony.

 

That's rotten. Any new investment by Chrysler should be in the US not Mexico.

 

Thanks for bailing us out again America, now here's some more jobs for Mexico. It'll never change.

 

Yeah that is total BS!!

 

Cheap labor. That's what they always say. "We'll export these bad jobs to the 'cheap labor' countries, and that will leave Americans with the 'good jobs'."
Until you realize that the 'bad jobs' are those who make products, and the 'good jobs' are supervisory positions.
Hard to supervise people from half a world away? It would probably be smarter to lay off the Americans and just move every damn job to China or India, and just merely sell your product in the US, not support it there. (Oh, wait, now we're seeing the problem, if Americans don't have jobs, because they were sent overseas, who's going to buy this garbage?)

Go talk to one of the millions of Americans that were laid off in the name of "cheap labor." Ask them what they think.

"Cheap labor" is no such thing. It's actually costing American's billions of dollars. (Trillions, is more like it!)

 

Its making the once most prosperous country the poorest third world countries!

 

Bad jobs? Cheap labor? Call it greed... Call it capitalism.... Whatever.