MG Motors will build a new plant in Mexico investing more than a billion dollars
Mexico Industry | November 07, 2024 |

The Chinese-British automotive company MG Motors shared that the new assembly plant that it will install in Mexico will have an investment of 1.5 billion dollars and a production capacity of 100 thousand units per year. This project announced in August of this year reaffirms the brand's commitment to the Latin American market by positioning Mexico as its center of operation throughout the region.

Of interest: Solili Industrial Report October 2024: Construction reaches historic figures with 6 million m²

The breakdown of the investment includes 450 million dollars destined for infrastructure and another 500 million in advanced equipment for production. This focus on cutting-edge technology seeks to strengthen MG's ability to compete in the dynamic automotive market in Latin America.

The plant not only supplies the local market, but will also play a strategic role as a production center for Latin America. MG Motors serves 25 countries in the region, with the goal of expanding to 34 countries by 2025.

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The plant will also generate an important economic contribution for Mexico, with the creation of jobs and the strengthening of the local supply network, integrating into the country's industrial fabric, which already has a solid infrastructure for the automotive market.

At Solili you can check available warehouses in: Querétaro, Monterrey y Mexicali. 

Original Note.

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