BMW to invest $1 billion in new plant in Mexico  [ Mexico ]

BMW announced on July 3 that it will build a new plant near the city of San Luis Potosi in Mexico. BMW will invest USD one billion in the new production site over the next few years. Production is planned to start in 2019 and during that year, the workforce will reach around 1,500 people. A planned annual capacity for the new plant is 150,000 units. The company will announce which BMW models ...