Infiniti and Mercedes-Benz have officially announced plans for a new manufacturing plant in Mexico.
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It appears that Daimler and Nissan have finalized their joint venture deal to produce vehicles in Mexico.
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Nissan and Daimler will build small Infiniti and Mercedes vehicles at a new plant in Mexico, that will open later this year.
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With the yen continuing to rise, Japanese automakers have been working hard to shift production over to North America. Nissan is no exception, currently producing about 67-percent of its Infiniti and Nissan models in America (that are sold in America), but hopes to increase that figure to 85-percent by 2015.
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The powerful Japanese Yen is pushing Nissan to make some tough decisions, and Nissan CEO Carlos Ghosn announced that Infiniti production will be moving out of Japan. Infiniti currently exports all but one model from its Japanese production line, but it just doesn’t make sense for the company to keep this setup going. “You won’t...
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