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Thursday, July 28, 2011

Both Toyota and Honda Planning to Build Plants in Mexico


Via Maquilaportal.com:

"According to Global Insight, Honda and Toyota need a plant in North America, since only 59% of the autos they sell in the region are manufactured in North America; while Nissan manufactures 85% of the cars sold in the region, which provides a competitive advantage."

Hence this analysis, Japanese automakers, Honda and Toyota, are looking for a plot of land suitable to install a new plant in Mexico, different sectors of the automotive industry assure.

"In both cases it would be their second plant in Mexico, since Honda already has one in El Salto, Jalisco, and Toyota does in Baja California."

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