After over a year of speculation, BMW is finally officially announcing that it's building a factory in Mexico. The new plant will cost the German automaker roughly $1 billion US and will have a capacity of about 150,000 vehicles a year when complete. However, production won't begin there until 2019.
San Luis Potosi
Volkswagen manufactures in Mexico. Soon Audi will as well, and Mercedes-Benz is said to be working on a deal to assemble some of its cars at a Nissan plant in Mexico too. That leaves BMW out of the mix of German automakers building cars South of the Border, but that may soon be rectified, as well.
Well at least it wasn't the governor of San Luis Potosi, Mexico who was crash-testing a Via Motors extended-range plug-in hybrid truck. Because that would've been weird. This week, Via opened its first-ever production assembly line – located in that central Mexican state – and celebrated by having Gov. Fernando Toranzo take one of the company's pick-ups out for a spin. A safe one, we surmise.