“Actually, from what I’ve heard most of the Ford Mexico production is small, cheap cars (Fiesta, anyone?) headed for the Central and South American markets. These cars have the lowest profit margins and it’s also smart to build them closer to where you’re going to sell them.”
Well, if that’s the case, Ford ought to be letting everyone know that’s what they are doing. We have a 2013 Chevrolet Avalanche, which, along with the other GM SUV’s was assembled in Monterrey, Mexico. These cars are not low-margin vehicles. I just imagine thought that the high-value components were built in the US just like the Japanese, Korean and German companies are doing here now.
It’s a tough situation all around, but if we don’t have a population that earns decent money, our markets for cars and alr conditioners, goes South.
True. This was the story one of the CNBC correspondents was reporting yesterday and it seemed logical, but I haven't had the chance to follow up and research it.