HUMBLE, TX—It’s back to the future—and back into production—for the DeLorean. The sleek sports car, immortalized in the “Back to the Future” movies, is going to start rolling out of an assembly plant here next year after a 34-year break, the DeLorean Motor Co. announced Wednesday.
DETROIT—Convinced that the American auto market has fundamentally changed, Fiat Chrysler Automobiles is prepared to stake much of its future on the success of its Jeeps and Ram pickups. The company outlined a strategy that calls for sweeping changes to its North American production footprint, including a plan to walk away from building small and midsize sedans to free up capacity that can be used to make more sport utility vehicles and trucks.
MEXICO CITY—Ford Motor Co. is planning to spend about $1 billion on a new assembly plant in Mexico, less than a year after committing $2.5 billion to the country to expand an existing factory and build a new transmission facility.