General Motors will be the only one of the Detroit 3 making compact or midsize cars in the U.S. by 2019, according to the companies' new UAW agreements.
Ford Motor Co. and Fiat Chrysler Automobiles are essentially giving up on trying to build mass-market cars profitably in this country, instead shifting most production of those nameplates to Mexico so they can dedicate U.S. plants to higher-margin pickups and SUVs. The UAW is accepting that trade-off to get rid of the two-tier wage scale that was vital to the business case for U.S.-made sedans and because it expects a net increase in jobs.
Read Article