Nissan To Increase Export Production From its Mexican Factories; Building New $2 Billion Plant In Mexico

Mexico City, MX -

Nissan said it plans to increase production of cars and trucks at its two Mexican plants by 2.2% to 420,000 vehicles, according to Jose Munoz, Nissan's chief in Mexico. Nissan, Japan's second largest car maker, also said it is building a new $2 billion plant in Mexico to boost sales in the America's.

Nissan currently operates two assembly plants in Mexico, one in Cuernavaca just south of Mexico City and a second in Aguascalientes.

About 250,000 Sentra and Versa are exported to the United States from those two plants. The new plant will begin rolling new vehicles off its assembly line in 2013 and will add even more jobs to the 13,500 strong Mexican auto work force it employs already.

With this also comes a new supplier park, expected to be built near its Aguascalientes assembly plant.

“Mexico is a key engine for Nissan’s growth in the Americas,” said Nissan Motor Co. Chief Executive Carlos Ghosn.

Nissan was the only Japanese automaker to post an increase in sales for 2011.

Related Articles