Wednesday, July 2, 2014

BMW Mexico Plant To Build 150,000 Annually

2015-MINI-Countryman-Cooper-S-8

Though BMW may announce Thursday where in Mexico it will build its second North American plant, sources close to the matter said the plant will pump 150,000 units annually into auto trains bound for the United States.

Automotive News Europe also reports a Mexican government official claimed the new plant would come with a €1 billion ($1.36 billion USD) investment, and may either be located in the state of Hidalgo just north of Mexico City, or in San Luis Potosi in central Mexico.

The plant — following on the heels of a new Daimler-Nissan small-car factory to be built in Aguacalientes, as well as an Audi factory in San Jose Chiapa — will likely be used to build MINIs and the FWD 1 Series, with localized 3 Series assembly also speculated based on the automaker's potential need to better compete against the U.S.-assembled Mercedes C-Class on price.



from The Truth About Cars http://ift.tt/Jh8LjA

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