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Christopher Bruce2013-09-26 16:17:34

Hyundai and BMW Negotiating with Mexican Government on Factories

They could break ground as soon as 2014

 
 
Slideshow
BMW already has a factory in North Carolina

Mexico is becoming the new hot place to build auto factories due to its positions as the crossroads between South America and North America. HondaHondaHondaJapan, 1948 > present102 models
2431 photos
10 videos
completed its new transmission factory yesterday and will begin building the next generation FitFit Gen.2Honda Fit Gen.2Japan, 2008 > present6 versions
14 photos
in 2014. NissanNissanNissanJapan, 1932 > present159 models
7235 photos
12 videos
and AudiAudiAudiGermany, 1909 > present83 models
8283 photos
27 videos
are also building factories in Mexico. BMWBMWBMWGermany, 1918 > present87 models
8628 photos
43 videos
and HyundaiHyundaiHyundaiRepublic of Korea, 1967 > present79 models
1947 photos
3 videos
are the two latest automakers considering adding factories to Mexico, according to Mexican Economy Minister Ildefonso Guajardo.

Guajardo says that he has been in negotiations with both companies to open factories in Mexico that could break ground as soon as next year.

"With both of them, there have been conversations with us for future plants. I cannot talk for them, but I think that starting 2014 we'll have new announcements. At least for one,” said Guajardo.

Neither BMW nor Hyundai were willing to comment about the ongoing negotiations.

Last year, 2.88 million cars were build in Mexico, up 13% from the year before, and it is on pace for even higher production in 2013.

Honda Breaks Ground on Transmission Factory in Mexico

Source: Automotive News Europe

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2 comments

RoyHollis
This is good news for Mexican people that so many top companies are coming to this city. In dissertationcapital prices website, I have read an article about this. These companies are the largest autom...
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23.10.2018 @ 13:01
Anonymous

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