SALAMANCA, Mexico—Mazda is planning to invest $120 million to build an engine factory adjacent to its vehicle assembly plant here. The new facility will be able to produce 230,000 engines per year.
MEXICO CITY—A decade ago, wages in Mexico were six times higher than in China. In 2011, they are only 40 percent higher. That, along with other factors, is spurring a growing number of manufacturers to move production from China to Mexico.
TIJUANA, Mexico—Hyundai will invest $130 million in a new assembly plant here to produce aluminum auto parts. The plant is expected to create 300 jobs.
MEXICO CITY—GM is planning to invest $420 million in its Mexican assembly plants to build the Chevrolet Trax, new pick-up trucks and a new transmission.