Mexico

Kia in talks to open $1.5 billion Mexico assembly plant, report says

6:52 pm U.S. ET | July 22, 2014
Kia is in talks with Mexico to open a new auto assembly plant worth at least $1.5 billion, officials from Nuevo Leon's state government told Reuters. The factory, which sources say will have an annual capacity of some 300,000 cars, would be built on the northeastern fringe of the city of Monterrey....
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THE SUPPLIER SPEAKS

American Axle's push to diversify drives growth

12:01 am U.S. ET | July 21, 2014
CEO David Dauch continues his father's quest to diversify American Axle & Manufacturing Inc....
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Mazda2 output begins in Japan

7:34 am U.S. ET | July 17, 2014
Mazda began manufacturing the next-generation Mazda2 subcompact in Japan today and unveiled the first pictures of the production model....
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Steel supplier Industrias missing out on Mexico's car boom

8:13 am U.S. ET | July 15, 2014
Industrias, Mexico's biggest maker of specialized steel used in car engines, is missing out on a surge in automobile production as competitors' increased output has lowered prices....
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More buzz about plants in Mexico

12:01 am U.S. ET | July 14, 2014
Recently, we toted up all of the announced and speculated Mexican production capacity due in the next few years and got to 1.5 million units — a nifty 50 percent increase over the roughly 3 million units built in Mexico in 2013....
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Infiniti compact sedan to come from Mexico

12:01 am U.S. ET | July 14, 2014
An Infiniti compact sedan will be the first vehicle produced at Daimler and Renault-Nissan's new plant in Aguascalientes, Mexico....
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Mexico projected to surpass Brazil as top Latin American vehicle producer

12:01 am U.S. ET | July 8, 2014
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 U.S. spur factory openings and record output....
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Chrysler to sell small cars from Mitsubishi in Mexico

12:01 am U.S. ET | July 7, 2014
Mitsubishi Motors will supply Chrysler with a Thailand-built compact sedan for sale in Mexico starting in November....
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'Made in Germany' loses more luster as BMW, Audi, M-B expand footprints

1:15 pm U.S. ET | July 4, 2014
“Made in Germany,” a hallmark of three of Europe's leading luxury automakers for years, is losing a little more of its exclusivity with BMW's decision to join rivals Audi and Mercedes and establish a manufacturing footprint in Mexico....
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BMW to invest $1 billion in new plant in Mexico, employ 1,500 workers

1:40 pm U.S. ET | July 3, 2014
BMW plans to spend $1 billion to build a plant in San Luis Potosi, Mexico, with capacity of about 150,000 units per year, the company said today. Start of production is planned for 2019, with a work force of about 1,500 employees, said Harald Krueger, BMW board member for production, in a statement. BMW did not disclose what models it will build at the plant....
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Bosch to invest 400 million euros in Mexico production, report says

July 2, 2014 16:31 CET
German supplier Robert Bosch is preparing to invest 400 million euros ($546 million) to build car parts in Mexico for a growing North American market, a German newspaper reported....
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BMW's new Mexico plant will build up to 150,000 cars a year, report says

July 1, 2014 12:37 CET
A new BMW car plant in Mexico will build 150,000 vehicles annually, a source said. BMW said it will make an announcement in Mexico on Thursday, although the company did not confirm it will be about a new factory....
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BMW plans for Mexico factory to be unveiled Thursday, government official says

12:08 pm U.S. ET | June 30, 2014
BMW AG's plans to build a new factory in Mexico will be revealed on Thursday, a government official said today. The Mexican official, speaking on condition of anonymity with Reuters, said details of the plans would be made in an announcement scheduled for July 3....
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Chrysler to sell Mitsubishi-supplied small cars in Mexico

10:28 pm U.S. ET | June 30, 2014
Mitsubishi Motors will supply Chrysler with a Thailand-built compact sedan for sale in Mexico starting in November. The car will be based on the Mitsubishi Attrage, the sedan version of the Mirage hatchback sold in the United States. Mitsubishi will supply Chrysler over a five-year period....
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Fiat 500 Abarth with automatic transmission should broaden appeal, exec says

4:11 pm U.S. ET | June 27, 2014
The North American head of the Fiat brand said that adding an optional automatic transmission to its performance Fiat 500 Abarth would open up the sporty minicar to a much wider number of potential customers....
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Renault-Nissan, Daimler plan $1.4 billion small-car plant in Mexico

9:46 am U.S. ET | June 27, 2014
Global technology partners Daimler AG and the Renault-Nissan Alliance will spend 1 billion euros ($1.36 billion) to produce 300,000 compact Infiniti and Mercedes vehicles a year at a Nissan factory in Mexico, starting in 2017. The partners announced this morning that they are co-developing a family of new compact luxury models to be sold around the world....
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Daimler and Nissan approve joint Mexico production, report says

June 26, 2014 09:38 CET
Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources said today as the automakers called a news conference to unveil the plans....
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Daimler set to approve Mercedes output in Mexico, report says

June 23, 2014 11:16 CET
Daimler's executive board will approve in two weeks production of a Mercedes compact sedan and the CLA at a Nissan plant in Mexico, a German press report said....
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Kia plans first assembly plant in Mexico, report says

11:10 am U.S. ET | June 2, 2014
Kia Motors plans to break ground soon on a new plant in Mexico, two sources familiar with the matter told Reuters, a further sign that the company and its affiliate, Hyundai, are easing an unofficial moratorium on capacity growth....
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VW's key crossover for U.S. delayed by incentive tug-of-war, report says

5:19 pm U.S. ET | June 2, 2014
A tug-of-war between Mexico and Tennessee over financial incentives is delaying Volkswagen's decision on where to build a make-or-break crossover in North America, sources told Reuters, delaying the German group's efforts to fix its ailing U.S. business....
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VW goes for value with Golf, GTI

12:01 am U.S. ET | May 25, 2014
With its seventh-generation Golf and Golf GTI, now made for the United States in Puebla, Mexico, VW had a chance to drive down costs and lower sticker prices in pursuit of market share. But instead, VW reinvested in smooth powertrains and practical-yet-refined interiors that outclass most rivals....
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Report: BMW weighs Mini output in Mexico

12:01 am U.S. ET | May 19, 2014
BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico....
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BMW to unveil plans for first Mexico assembly plant in July

6:46 am U.S. ET | May 18, 2014
BMW plans to announce in July that it will build its first assembly plant in Mexico and has earmarked two regions where the site could be built, Automobilwoche reported on Sunday, without citing the source of the information....
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BMW may build Minis in Mexico, report says

May 15, 2014 12:12 CET
BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico, a German newspaper reported....
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Magna expands Mexico powertrain operations for Audi AWD

April 30, 2014 06:01 CET
Magna International is expanding its powertrain operations in Mexico with a $75 million plant to produce all-wheel-drive systems for Audi....
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