PESQUERIA, Mexico—Quality and production runs are under way at Kia’s new vehicle assembly plant here, which is considered 95 percent completed. Construction and tooling of the $3 billion plant was completed in just 13 months. The factory should have an annual production capacity of 300,000 vehicles.
AGUASCALIENTES, Mexico—Five years after announcing their strategic collaboration, Daimler and the Renault-Nissan Alliance are expanding its scope with the start of a manufacturing joint venture here. The automakers will invest $1 billion in the assembly plant, which produce compact cars for the Mercedes-Benz and Infiniti brands.
MEXICO CITY—Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade, as surging exports to the United States spur factory openings and record output.
AGUASCALIENTES, Mexico—Daimler and Renault-Nissan Alliance have agreed to jointly build a new assembly plant here. The two companies will equally divide the $1.36 billion cost of building the facility, which is expected to employ 5,700 workers and be able to produce 300,000 vehicles annually.
CELAYA, Mexico—Honda has opened an $800 million assembly plant here— its seventh North American factory. The plant will eventually make 200,000 cars a year and employ 3,200 workers.