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Production - Mexico - Detroit, Far South
MEXICO CITY,DF,MEX -The New York Times (NY,USA), by ELISABETH MALKIN -July 21, 2006: -- For Mexico, the recent groundbreaking of a new $650 million auto factory was worth celebrating. ... General Motors, the investor, flew in to the central state of San Luis Potosí, where the assembly plant now under construction is expected to eventually employ up to 1,800 people and churn out as many as 160,000 compact cars a year... Automotive production in Mexico is expected to hit record levels this year, surpassing two million cars, as automakers pour billions of dollars of new investment into their Mexican factories... The expansion, being fueled by Mexico’s top five automakers — General Motors, Ford Motor, DaimlerChrysler, Nissan and Volkswagen — stands in contrast to the plans by G.M. and Ford to cut 60,000 jobs in the United States and close two dozen North American plants through 2012... The reason for Mexico’s new wave of growth is twofold: First, it is next to the world’s largest auto market, allowing greater production integration because auto companies can easily ship cars and parts by truck and rail... And second, it is still cheap to operate here compared with the United States, where unionized workers earn at least $27 an hour and benefits can double or even triple the total cost. By comparison, Mexico’s typical auto industry wage of about $3.50 an hour for an experienced worker — which doubles with benefits — looks like a bargain... (Photo: A DaimlerChrysler plant in Toluca, Mexico, turns out Chrysler PT Cruisers, made to order, for 60 countries)
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