Nissan to invest over $700 million in Mexico

by SpeedLux
Mexico

Nissan Motor will invest over $700 million in Mexico during the next three years to increase its operations in the country, the automaker said on Wednesday.

The investment will enhance the facilities, equipment and automation procedures in the automaker’s facility in the state of Aguascalientes.

“Mexico plays an important role in Nissan’s global operations, both as one of the main markets for vehicle sales, and as an export hub for dozens of markets around the world,” said Jeremie Papin, Chairperson of Nissan Americas.

The automaker led sales and production in Mexico last year with a total of 203,918 units delivered to Mexicans.

Mexico is a suitable location for many automakers as it offers access to the US market with lower associated costs, and also competitive access to other parts of Latin America.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More