Nissan In Mexico: Japanese Automaker Exports 5 Millionth Car From Its Mexican ... - International Business Times
To give you a sense of just how fast Mexico is becoming a major automotive manufacturing hub, consider this: For its first three decades of sending its Mexican-made cars abroad, Nissan exported roughly 33,000 cars and trucks every year. On Monday, Nissan announced that a red NP300 pickup truck became its 5 millionth Mexican-made export since the Japanese automaker began sending its vehicles from Mexico to the United States in 1972. That’s up from 4 million in 2013, which means... "Reaching the export of 5 million units confirms the great work done by our manufacturing team,” Airton Cousseau, president and CEO of Nissan Mexicana, said in a statement. Mexico has been building cars for foreign companies since the 1920s, but the lure of low labor costs and a web of free trade agreements that Mexico has been weaving with partner countries has accelerated the pace of interest from global automakers. This year alone, Toyota Motor announced plans to shift Corolla production from Cambridge, Ontario, to a planned $1 billion facility in central Mexico’s Guanajuato state. And Ford Motor will open new engine and transmission plants in Guanajuato and Chihuahua state in the north in a $2. 5 billion investment deal. Source: www.ibtimes.com
