General Motors Co. plans next year to move some light-duty pickup production to the Flint Assembly Plant from its plant in Silao, Mexico, according to a memo from UAW Local 598 to membership.
“Pulling this work out of Mexico satisfies our customers that want vehicles built in the United States and allows Silao, which is located on a shipping port, to increase volume of other models that are easily exported around the world,” says a May 20 memo signed by UAW Local 598 shop chairman Eric Welter and UAW Local 598 President Ray Gorney.
The Flint truck plant employs about 2,800 workers on three shifts, including nearly 2,600 hourly workers.
A GM spokesman said the company is not confirming any production information or changes in the union memo. Officials from UAW Local 598 could not immediately be reached for comment.
The Flint plant builds heavy-duty versions of the Chevrolet Silverado and GMC Sierra and light-duty Silverado pickups.
Reuters – Latin American currencies strengthened on Thursday after weak U.S. data on business spending plans dampened expectations for a Federal Reserve interest rate increase in the coming months. Mexico central bank Governor Agustin Carstens said he saw no current need for an extraordinary rate-setting meeting.
AP – Roberta Jacobson arrived to assume her new role as the U.S. ambassador to Mexico on Thursday, coming at a time when immigration and Mexican trade have been heated themes in the U.S. presidential campaign.
TeleSur – In light of a surge in street harassment and sexual assaults against women, Mexico City Mayor Miguel Mancera announced that his administration will distribute whistles to women to alert bystanders and police of a possible threat. The proposal quickly became the subject of ridicule on social media.
AP – A lawyer for Joaquin “El Chapo” Guzman said he will sue television networks if they air a new series on the imprisoned Mexican drug lord’s life without paying him. Netflix and Univision will co-produce the drama series “El Chapo,” set to air in 2017. The announcement used only the nickname “El Chapo,” and said the series is “based on the life story of one of the world’s most notorious criminals.”
WSJ – Coca-Cola Co. said it plans to transfer its soda manufacturing and distribution in Texas and parts of Oklahoma to a joint venture headed by Mexico’s Arca Continental. The letter of intent with Arca, Coke’s second-largest bottler in Latin America, comes as Atlanta-based Coke accelerates efforts to divest plants and trucks in order to focus on marketing and its more profitable concentrate business.
12News – About an hour-and-a-half drive from Sonora’s capital of Hermosillo, there’s a hidden gem right by the ocean. It’s San Carlos, a pristine, beautiful bay and beach within the port city of Guaymas, and it’s one of Sonora’s best kept secrets.
Business Insider – Colima’s location between Jalisco and Michoacan states is strategically significant to Mexico’s criminal organizations, and a rising body count in recent months indicates that two of the largest cartels — Sinaloa and Jalisco New Generation (CJNG) — are battling for control.
To save time, Adriana Zavala would take a shortcut down an empty lane on the way to school, until the afternoon last September when the tattooed Salvadoran gangsters blocked her way.
The threats she began receiving that day — sell our drugs to your classmates or we’ll rape you — propelled the teenager, her father and 13-year-old sister to begin a five-month odyssey from El Salvador that has ended, for now, in McAllen, Texas. They are among thousands of migrants arriving at the U.S. border in what authorities fear could be another surge of Central American families.
On the U.S. campaign trail, illegal immigration is a hot-button topic, with the presumptive Republican presidential nominee, Donald Trump, vowing to build a 1,000-mile border wall. But along this stretch of Texas border, where migrants climb over and walk around existing fencing, such proposed solutions tend to draw scorn, even from Trump fans. And the politician’s tough talk, people here say, might actually be attracting more migrants.
Although the overall number of migrants apprehended along the border this year has not yet reached the proportions of the 2014 flood of Central Americans, some believe that could happen, with a summer surge before the presidential election in November.
“We’re definitely on track to catch up to it, which is not a good thing,” said Chris Cabrera, a Border Patrol agent and union representative here. “The political climate has a lot to do with it.”
Channel News Asia – Mexico’s government said it will begin talks with the European Union next month to update a bilateral free trade agreement in force since 2000, opening the door to deeper economic ties between the two sides.
Reuters – Mexico’s current account deficit narrowed slightly in the first quarter to $6.991 billion in comparison to the previous three-month period. The current account deficit for the January-March period was the equivalent of 2.7 percent of gross domestic product.
Soccer America – In addition to the oddity of the USA hosting the 100th anniversary edition of the South American championship, the Copa America Centenario, there’s also a fair chance that the winner could be a non-South American team: Mexico.
Sentido Comun – Grupo Lala, the leading producer of dairy products in Mexico, plans to invest 125 million pesos ($7 million) to expand its operations and meet the increasing demand of consumers in western Mexico.
El Economista – In the next five years, $60 billion will be invested in the telecommunications and information technology, said Manuel Herrera Vega, president of the Confederation of Industrial Chambers (Concamin).