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.