Keyword: saltillo
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The abduction of a U.S. anti-kidnap expert in northern Mexico last month remains a mystery with no clues to the man's whereabouts and no ransom demanded by his captors, police said on Monday. Gunmen abducted Felix Batista,a Cuban-American credited with negotiating the release of hostages held by Colombian rebels in past years, in the relatively safe industrial city of Saltillo,Coahuila state,on Dec 10. "We have not had contact with Batista or those who took him," an official at the Coahuila attorney general's office said. Another official said last month the attorney general suspected drug gangs who wanted to show their...
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MONTERREY, Mexico (Reuters) – Mexican gunmen have kidnapped a U.S. security consultant who negotiated the release of dozens of kidnap victims in Latin America. Gunmen abducted Felix Batista outside a restaurant last Wednesday in the relatively safe northern industrial city of Saltillo in Coahuila state, Mexican authorities and his employer, security consultancy ASI Global, said on Monday. Batista, a Miami-based Cuban American credited with negotiating the release of victims abducted by Colombian rebels, was snatched after he stepped outside the restaurant, answering a call on his cellular phone, Mexican media said. The U.S. embassy in Mexico City said it was...
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Fiat Chrysler will make Ram trucks in Michigan instead of Mexico beginning in 2020, and the company says this will mean 2,500 extra jobs at the plant in Warren, Detroit’s largest suburb. While this isn’t the first bit of good economic news in the wake of big corporate tax cuts Republicans just passed, it’s the one that cheers us the most, because it best reflects the way lower corporate taxes work. The key is not bigger profits but increased competitiveness. *snip* More companies will set up more business in the U.S., because it’s now easier to compete by doing so....
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The chief executive of Fiat Chrysler Automobiles said his company could quickly move production of Ram heavy-duty pickup trucks to Michigan from Mexico if President Donald J. Trump's "America First" economic plan provides enough incentives. "Properly motivated, it could be executed very quickly by FCA," possibly by 2019 or 2020, Sergio Marchionne told analysts during a conference call to discuss the company's record financial results for 2016. Automakers have been under pressure from the new Trump Administration to build more of their cars in the United States as part of the president's agenda to create more American jobs. But the...
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Fiat Chrysler Automobiles is feeling good about tax reform. So good that it says it's moving some of its truck production from Mexico to Michigan. The automaker announced Thursday that it will spend more than $1 billion to revamp its Warren Truck Assembly Plant, which will start making the Ram heavy-duty truck in 2020. The truck is currently made in Saltillo, Mexico. Fiat Chrysler said it will add 2,500 jobs in Michigan to support the move. The company also said it's giving one-time $2,000 bonuses to 60,000 U.S. workers. "It is only proper that our employees share in the savings...
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(Reuters) - Fiat Chrysler Automobiles NV FCH.MI (FCAU.N) said on Thursday it would invest more than $1 billion in its Michigan plant and add 2,500 jobs as it benefits from the overhaul of the U.S. tax code. The company said it would spend the money to modernize the Warren Truck Assembly Plant in Michigan to produce its Ram Heavy Duty trucks. The company will relocate the truck’s production from its current location in Saltillo, Mexico, to the Michigan plant in 202O. The car maker also said it would make a special bonus payment of $2,000 to about 60,000 FCA hourly...
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MONTERREY, Mexico (Reuters) – An American anti-kidnapping expert who was himself abducted last week in northern Mexico was likely snatched by drug traffickers seeking to protect their turf, police said on Tuesday. Gunmen hauled Felix Batista into a white SUV outside a restaurant last week in the relatively safe industrial city of Saltillo in Coahuila state, where he was giving seminars on security to police and business people. Batista, a Cuban-American from Miami who is credited with negotiating the release of people abducted by Colombian rebels, was snatched when he stepped outside the restaurant after answering a cell phone call,...
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PIEDRAS NEGRAS, Mexico: A senior federal police official was gunned down Saturday while driving his car in the northern city of Saltillo and was in critical condition, police said. Jose Luis Hernandez Marquez, chief of Mexico's Federal Preventative Police force in the border state of Coahuila, was shot at least five times Saturday morning by gunmen traveling in two vehicles, said a spokesman for the force, who declined to be named because he was not authorized to comment on the case. The police chief's car "was intercepted by two vehicles from which various people, who have yet to be identified,...
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