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Wednesday, November 16, 2011

Nissan Announces New Plant in Mexico Nov. 18



Mexico is rapidly becoming a hot spot for international automakers. Nissan Motor Company, one of the top automakers in Japan, for example, is planning to invest $2 billion in building a new plant in the country. The world-renown automaker plans to target larger cities in the country as key markets and this way, increase its growth opportunities in Mexico. Nissan already has a plant in the city of Cuernavaca, south of Mexico City. It is also looking to expand in different large states and six are being considered as the new location of the plant. It is expected that Nissan will be announcing its decision this Friday, November 18, 2011.

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