Mazda to build a new factory in the central Mexican state of Guanajuato

Article by Christian A., on June 16, 2011

An insider said that Mazda Motor Corp. will unveil plans this Friday to build a new factory in the central Mexican state of Guanajuato. According to the Reuters report, the plant would be Mazda’s fourth overseas assembly site. The others are in the U.S., China and Thailand. All of these are joint ventures with former top shareholder Ford Motor Co.

This new plant in Mexico is slated to begin construction this fall. This source also revealed that this plant will begin production in the second half of 2013.

The compact cars that Mazda will build in this plant will be sold in Mexico and South America initially but eventually, they will be exported to North America. This investment, which is estimated to be in the hundreds of millions of dollars, will be shared with Sumitomo Corp., a trading company.

This factory will have initial capacity to produce a minimum of 50,000 cars each year. The source added that Mazda is expected to make the announcement together with its financial forecasts for the business year that ends in March 2012.

Mazda has yet to discuss how this move to open a plant in Mexico would affect the brand’s future plans for the joint venture with Ford at the AutoAlliance plant in Flat Rock, Mich.

Last week, Mazda said that it will end the production of the Mazda6 sedan by mid-2012. Mazda has yet to decide what’s to become of the Michigan plant, which is where the Ford Mustang is built.

Topics: mazda, mexico, factory

If you liked the article, share on:

Comments

Recommended

A few years ago, Lotus tried to take on Porsche. They had a five-car plan to go against competitors like Ferrari and Aston Martin. Though it did not go well,...
by - October 23, 2017
To keep the Nissan Maxima interesting, the Japanese automaker gives the 2018 model year a number of small tweaks. Some of these include standard Android Auto, which is a new...
by - October 23, 2017
It looks as if Chevrolet has everything planned out in terms of production. Firstly, they have plans of introducing the Corvette ZR1 in a few months, which will then be...
by - October 23, 2017
While Tesla Motors continues to struggle with regards to the assembly of its much awaited Tesla Model 3, investment firm Oppenheimer & Co. is confident that its previous production estimates...
by - October 22, 2017
It seems that BMW’s high-performance division -- BMW M – still has not warmed up to front-wheel drive vehicles. So those who had been looking forward to BMW M vehicles...
by - October 22, 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