Wednesday, May 21, 2014
Report: BMW to open factory in Mexico
In July, BMW will announce plans to build its first assembly plant in Mexico, and is considering two regions for the site, according to a report in German magazine Automobilwoche.
BMW's Mexican factory will either be built in the state of Hidalgo or in San Luis Potosi, and will produce as many as 100,000 cars per year, the story said, noting models manufactured at the new site will probably include the 3-Series.
A spokesman for the BMW said there is no decision yet to build a new factory in Mexico.
The German carmaker said in March it will up annual production capacity at its U.S. factory in Spartanburg, South Carolina to 450,000 vehicles by 2016.
For more of the Chicago Tribune story: chicagotribune.com
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