Cars
BMW to Build New $1 Billion Plant in Mexico, Production Starts in 2019
BMW confirmed that it will invest roughly $1 billion (€0.73 billion) to build a new plant in Mexico near the city of San Luis Potosà in the state of the same name. Read more »
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Gm To Build Next-gen Cruze In Mexico As Well
General Motors will build the next-generation Chevrolet Cruze in Mexico, the company announced on Monday. The automaker will invest $350 million to build the Cruze at the Coahuila facility, as part of a $5 billion investment in its Mexican plants announced...
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Vw Will Invest More Money On New Products, Plants And Tech Than Puerto Rico's Gdp!
Do you know how much the VW Group will invest in new models, environmentally friendly technologies and production facilities in the coming five years? €85.6 billion or about US$106.2 billion at today's rates. Read more »...
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Kia Announces $1 Billion Investment In New Mexico Plant To Build Compact Cars
Kia is the latest car manufacturer to announce a new plant in Mexico, with the Korean carmaker pledging to invest approximately $1 billion (€759 billion) in the new facility. Read more »...
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Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
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Nissan To Invest Up To Us$2 Billion To Build Its Third Plant In Mexico In 2013
Japanese carmaker Nissan said on Wednesday it plans to invest up to US$2.0 billion (€1.5 billion) for an all-new manufacturing plant in Aguascalientes, Mexico, that will be operational by late 2013. The new facility, which will complement Nissan’s...
Cars