Fiat will first build the Fiat 500 at the Toluca MX plant. Okay cost classes, why?
Margins are thin on compacts so keeping construction costs down helps. And Mexico is clearly a ready market for such a car. Building it their will overcome the high import tariffs.
I have been saying that business will return to Mexico from China after all the problems including shipping, oil prices, time zones, etc of the last few years. Here we go….
Again San Antonio is well positioned to take advantage of such trade. SA is the nearest large city up I 35 for Mexican exports.
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