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This Is Why Stellantis Is Moving Jeep Cherokee Production To Mexico
According to Bloomberg, U.S. nationals are relocating to Mexico at rates not seen since comparable data became available in 2010. Furthermore, the number of temporary residency permits has increased by 85 percent from 2019. But, it’s not just American retirees and young digital nomads that relocate to Mexico. In fact, even American manufacturers and large-scale corporations are deciding to leave the United States behind. “The commercial conflict between the United States and China, the supply chain vulnerabilities revealed by the pandemic and Russia’s invasion of Ukraine, have accelerated the relocation of Asian, American Union and European companies to Mexico,” said Co-Production International. In recent years, global firms like Samsung, Daewoo,…

