Chrysler Mexico announced that it would lay-off 300 workers from its Derramadero, Coahuila plant because of decreasing demand for pick-up trucks in the United States, according to a report in today’s El Financiero. 

The report said that Chrysler Mexico would continue its plan to invest US$570 million in its Saltillo facilities, where production is expected to commence in 2009, generating 485 new jobs.