GM to make next- generation Chevrolet Cruze in Mexico
Detroit
GENERAL Motors Co will build its next-generation Chevrolet Cruze compact in Mexico, the company said on Monday, as carmakers look to expand in the Latin American nation to take advantage of low labour costs and free trade agreements.
GM will invest US$350 million to produce the Cruze at its plant in Coahuila, as part of the US$5 billion investment in its Mexican plants announced last year. GM will continue manufacturing the model in Lordstown, Ohio. GM so far has identified only three plants that will make the next-generation Cruze, including in China.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Porsche posts Q1 profit drop on ramp-up costs
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US