Tag Archive: Carmakers say adios to Canada as Mexico shifts into higher gear

Carmakers say adios to Canada as Mexico shifts into higher gear

Carmakers say adios to Canada as Mexico shifts into higher gear Mexico now makes more cars than Canada, a trend that’s not expected to change There’s little more than a weeded-over parking lot outside the former Freightliner truck factory in St. Thomas, a small town about a 30-minute drive south of London, Ont. Not long ago, the site was a hive of busy autoworkers. But in 2008, German automaker Daimler closed the shop and moved production offshore, part of a $600-million cost-cutting plan that saw 1,400 people thrown out of work. A plumbing component maker has since taken over part… View Article