Drawn in by low wages and manufacturing costs, BMW could be the next automaker to set up a manufacturing facility in Mexico. Automotive News is reporting that the German automaker has had discussions with local Mexican governments regarding a possible assembly plant, but there is no word as to when a decision may come down. Last we heard, BMW was reportedly looking to build the 3 Series in Mexico.
With a rapidly appreciating yen and an expected loss of almost $3 billion for the 2008 fiscal year, Nissan is shifting some small car production to Mexico from Japan. The Versa/Tiida (as it's known elsewhere) is expected to be built south of the border for export to the rest of the world. North American-market models are already built in Mexico, and this would consolidate production. CEO Carlos Ghosn already announced cost-cutting efforts that would eliminate 20,000 jobs worldwide, including 12,
Ford has been teasing us with a US-bound Fiesta for years, and the Blue Oval has only said that the well-executed B-car would be built in North America. With time to start producing Fiestas running short, Ford appears ready to publicly announce where the vehicle will be built, and it looks like the Fiesta will be made south of the border. The extremely low cost of labor in Mexico makes building inexpensive economy cars there a no-brainer, and Ford's Cuatitlan plant already builds the current Eur