Suppliers

Forvia CEO raises questions about Mexico, citing high inflation and missing trucks

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Forvia CEO Patrick Koller, right, said of Mexico: “Inflation is high, and labor inflation is high. Labor availability is becoming an issue. I’m not saying it’s better in the U.S., but we are also starting to have problems there.” With him is Forvia North America head Thorsten Muschal. (TIERRA RIDDICK)
June 09, 2024 10:00 AM

DETROIT — Mexico, long seen as the North American auto industry's low-cost production haven, is becoming more difficult to do business in as security concerns persist and labor and energy costs rise, Forvia CEO Patrick Koller said.

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