MEXICO CITY (Reuters) -- General Motors Co. on Thursday said it would build the Chevrolet Trax crossover and a new generation of big pickups at plants in Mexico.
The company is investing $120 million in a plant in the central state of San Luis Potosi to produce the small SUV crossover, said GM Mexico president, Ernesto Hernandez.
GM will unveil the Trax at the Paris Motor Show in September before it hits the Mexican market in the fourth quarter, Hernandez added. Another $200 million will be invested in GM's Silao plant in Guanajuato state, where work on a new generation of full-sized pickups will begin in 2013.
Hernandez expects the investments, which total $420 million, to create 1,000 new jobs.
GM announced in May that the Trax, which will be sold in 140 countries, but not the United States, would be built on the same platform as the Aveo and Sonic subcompact sedan.
The Sonic is sold in the United States and Canada while the Aveo is marketed in the rest of the world. GM did not provide additional details on price, weight, length and fuel economy of the Trax.