Articles Tagged with ''Mexico automotive industry''

MEXICO CITY—Mexico’s automotive industry is anticipating its eighth consecutive year of record-high production and exports. And in a bid to stay competitive, the industry is embracing ever more automation.

GUANAJUATO, Mexico—Toyota has begun construction on a $1 billion assembly plant here, its fifteenth manufacturing facility in North America. The factory, which will produce the Corolla, is expected to employ approximately 2,000 workers.

DEARBORN, MI—Ford plans to eventually shift all North American small-car production from the U.S. to Mexico, CEO Mark Fields told investors last week, even though the company’s production investments in Mexico have become a lightning rod for controversy in the presidential election.

SAN LUIS POTOSÍ, Mexico—BMW has begun construction of a new, $1 billion assembly plant here to produce is 3 Series sedan. Scheduled to open in 2019, the plant is expected to employ 1,500 people and have an annual production capacity of up to 150,000 units.

DEARBORN, MI—Ford Motor Co. will invest $1.6 billion to build a new assembly plant in Mexico for the manufacture of small vehicles. Work on the facility will start this summer in the state of San Luis Potosi, and the factory will create 2,800 direct jobs.

MEXICO CITY—Ford Motor Co. is planning to spend about $1 billion on a new assembly plant in Mexico, less than a year after committing $2.5 billion to the country to expand an existing factory and build a new transmission facility.