Nissan to spend $600 million to upgrade its plants in Mexico

Article by Christian A., on August 27, 2010

In line with Nissan Motor Co.'s aim to position Mexico as the supply hub for the Americas markets, the carmaker will be spending $600 million to upgrade its plants in Mexico and begin making three new low-cost cars.

Nissan, which is allied with France's Renault SA, aims to begin assembly of its Micra compact by early next year. There's also a plan to add a sedan and a multipurpose vehicle to the lineup by 2013.

A Nissan spokeswoman said that the Micra, which is offered in Japan, Thailand and India, is likely to have a price range at around $10,000. She added that Nissan aims to build 300,000 units of the three models every year in Mexico and estimates that 80% will be exported to other markets in the Americas.

Nissan will assemble the new models at its plant in Aguascalientes in northern Mexico, where the Tiida compact and three other models are being produced. It's also possible that the new models will be produced at its plant in Cuernavaca in the south.

The Aguascalientes plant has an annual capacity of about 350,000 units, while the Cuernavaca plant has can produce 250,000 units annually. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

Not a few agree that the Volkswagen Polo news a styling overhaul. While this supermini still looks good as it is now, the latest facelift was around three years. With...
by - April 27, 2017
They say that when the going gets tough, the tough get going. That’s what Harvey Payne did with his Chevrolet Bolt. Ever since he bought it, it had been experiencing...
by - April 27, 2017
What defines a coupe? Well, according to the dictionary, “it is a car with a fixed roof and two doors”. Ok, now that it is clear, when does one not...
by - April 27, 2017
Back in 2013 was when the first hot hatch was released, that was the original A45 by Mercedes-AMG, carrying a hand-built 2.0 liter M133 turbo mill. It was then then...
by - April 27, 2017
BMW dealers have a problem, a good problem. The demand for the 2017 BMW 5 Series is very high, they cannot attend to all the customers. But actually, supplies are...
by - April 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries