Coahuila plant built 173,000 vehicles last year.vanguardia
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In automotive news this week, Toyota is back in the spotlight though with nothing concrete, and General Motors is too, though with nothing completely new.
GM announced in December it would invest US $3.6 billion in Mexico over four years. Today it revealed that $350 million of that will be spent on preparing its plant in Ramos Arizpe, Coahuila, to build a new generation of the Chevrolet Cruze.
The plant has already churned out more than 3.4 million units of that model since it was launched in 2008.
In a prepared statement, the firm’s president and general manager in Mexico, Ernesto Hernández, noted that Mexico is the seventh largest producer of GM vehicles at 7% of global production.
The Ramos Arizpe plant opened in 1981 and built 173,400 units last year, 25% of the firm’s production in Mexico. It has become a key element of the automotive industry in the region, said plant manager Héctor de Hoyos, contributing 21% of the Gross Domestic Product of the state of Coahuila.
Ramos Arizpe has also produced the Century, Cutlass, Chevrolet HHR and the Chevy.
GM announced earlier this month an $87 million investment in its factory in San Luis Potosí to add two new stamping presses.
Toyota Motor Corp., meanwhile, is — once again — said to be finalizing plans for its first passenger car assembly plant in Mexico. Its board could approve the plant within weeks, according to several speculative reports, which give the location as Guanajuato.
Rumors in September of expansion into Mexico were scotched shortly after but surfaced again in January.
Sources: El Economista (sp)
GM announced in December it would invest US $3.6 billion in Mexico over four years. Today it revealed that $350 million of that will be spent on preparing its plant in Ramos Arizpe, Coahuila, to build a new generation of the Chevrolet Cruze.
In a prepared statement, the firm’s president and general manager in Mexico, Ernesto Hernández, noted that Mexico is the seventh largest producer of GM vehicles at 7% of global production.
The Ramos Arizpe plant opened in 1981 and built 173,400 units last year, 25% of the firm’s production in Mexico. It has become a key element of the automotive industry in the region, said plant manager Héctor de Hoyos, contributing 21% of the Gross Domestic Product of the state of Coahuila.
Ramos Arizpe has also produced the Century, Cutlass, Chevrolet HHR and the Chevy.
Toyota Motor Corp., meanwhile, is — once again — said to be finalizing plans for its first passenger car assembly plant in Mexico. Its board could approve the plant within weeks, according to several speculative reports, which give the location as Guanajuato.
Rumors in September of expansion into Mexico were scotched shortly after but surfaced again in January.
Sources: El Economista (sp)
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