Articles Tagged with ''Mexico automotive industry''

AGUASCALIENTES, Mexico—Five years after announcing their strategic collaboration, Daimler and the Renault-Nissan Alliance are expanding its scope with the start of a manufacturing joint venture here. The automakers will invest $1 billion in the assembly plant, which produce compact cars for the Mercedes-Benz and Infiniti brands.

DEARBORN, MI—Ford is reportedly looking to invest approximately $2.5 billion in its assembly plants in Chihuahua and Guanajuato in Mexico.

TOLUCA, Mexico—GM’s assembly plant here will get part of its electricity from wind turbines.

MEXICO CITY—South Korean carmaker Kia is planning to build a $1 billion assembly plant in Mexico.

MEXICO CITY—Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade, as surging exports to the United States spur factory openings and record output.

AGUASCALIENTES, Mexico—Daimler and Renault-Nissan Alliance have agreed to jointly build a new assembly plant here. The two companies will equally divide the $1.36 billion cost of building the facility, which is expected to employ 5,700 workers and be able to produce 300,000 vehicles annually.

MEXICO CITY—BMW will unveil plans this week to build a new assembly plant in Mexico, as the company seeks to meet growing demand for premium cars.

SALAMANCA, Mexico—Mazda Motor Corp. has opened a $770 million assembly plant here, its first wholly owned plant in North America.

CELAYA, Mexico—Honda has opened an $800 million assembly plant here— its seventh North American factory. The plant will eventually make 200,000 cars a year and employ 3,200 workers.