Although Toyota has previously looked to maximize capacity at its existing North American plants, a report by Bloomberg suggests that the company will depart from this policy and look to establish a manufacturing facility in Mexico, following the lead of Honda, Mazda and Nissan in the Japanese auto industry’s drive to localize production.
Kia announced Wednesday that it plans to build “a range of yet-to-be confirmed compact models” at its new plant in Monterrey, Mexico after Job 1 production begins in H1 2016.
Nikon cameras, condoms and the Mitsubishi Mirage are the only three products that come to mind when I think of “Made in Thailand”, but starting in 2017, we’ll have another to add to that list: the Ford Fiesta.
With the need to increase supply to meet U.S. demand, Kia is in talks with Mexican officials about building a new factory in the country.
It’s official: BMW’s second North American assembly plant will be built in Mexico, with production to begin in 2019.
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.
It turns out that news of an Asian-market Chrysler sedan that was a re-badged Mitsubishi Mirage wasn’t entirely accurate.
Daimler and Nissan have agreed to a joint-venture that will see front-drive Infiniti and Mercedes models built at a Nissan plant in Aguascalientes, Mexico.