The first BMW plant in Mexico will make 3-Series Sedan its home!

By Daniel Juárez

2019 will happily house yet another car manufacturer into the country!

The 3-Series sedan from the BMW will expand production to North America on a new plant located an hour away north of Mexico City in 2019.

bmw 3 series sedan mexicoOriginal Image: "New 2016 BMW 3 Series Sedan" byAutomotive Rhythms, used underCC BY-NC-ND 2.0, via Flickr.

Sales ranged from 95,000 units in 2015, so naturally Mexico is a sound choice for the brand’s expansion, though the German automaker will continue to build the 3-series, thus increasing its annual capacity to 150,000 units. Once the Mexican plant is up and running, the BMW’s South African plant will switch from 3-series to X3 crossover production.

At this rate, Mexico will become North America’s car capital, since it grabbed every automakers attention due to their liberal trade agreements and cheap labor rates. The country is also home of many other plants operated by classic automakers like General Motors GM +0.07%, Volkswagen, Ford, Nissan, Daimler , Toyota, Honda, Kia, Mazda, and Fiat Chrysler. Economic development officials say Mexico could manufacture more than 5 million cars in 2020, far beating its 3.4 million from last years’. It holds the title as the world’s fourth-largest automotive exporter.

bmw 1274295

Oliver Zipse, BMW’s head of production, says that Mexico is a growing market with “promising dynamics”. He also said that Mexico -as a NAFTA country- has direct access to a region with a considerable growth potential for premium mobility. Mexico is a symbol for the benefits of free trade, he claims, that “Visionary politics have made Mexico the number one country in the world when it comes to free trade agreements”.

Ed Kim, vice president of industry analysis at automotive research firm AutoPacific is confident about the growing sales rate of the 3-series, which outsells other small sedans, including the Mercedes-Benz C-class and Lexus ES. Its styling and performance set a benchmark and keeps clients loyal to the brand.

bmw 1368279

RELATED NEWS

  • Spain and Mexico’s Trade Relations Curdle over Manchego DisputeSpain and Mexico’s Trade Relations Curdle over Manchego Dispute
  • Cape Town Water crisis: Cape Town Water crisis: 'Day Zero' Draws Near
  • MORGAN STANLEY: Here are the 6 internet stocks to bet on in 2018MORGAN STANLEY: Here are the 6 internet stocks to bet on in 2018
  • Ford announces $11B investment, 40 electrified vehicles by 2022 at Detroit Motor ShowFord announces $11B investment, 40 electrified vehicles by 2022 at Detroit Motor Show
  • Automobile Revenues will fall 40% due to Electric and Autonomous VehiclesAutomobile Revenues will fall 40% due to Electric and Autonomous Vehicles
  • Mexico debuts its best startups for 2018 at CESMexico debuts its best startups for 2018 at CES
  • Inside the Secret Society Running the World of CryptocurrencyInside the Secret Society Running the World of Cryptocurrency
  • Opinion: Who Will Profit Off the Next Crash?Opinion: Who Will Profit Off the Next Crash?
  • This is how Jeff Bezos will support the This is how Jeff Bezos will support the 'dreamers'
  • Oil Reaches $70 a Barrel for First Time in Three YearsOil Reaches $70 a Barrel for First Time in Three Years
  • Peso predicted to make comeback in 2018: BloombergPeso predicted to make comeback in 2018: Bloomberg
  • Chihuahua´s governor denounces Government reprisals for PRI corruption investigationChihuahua´s governor denounces Government reprisals for PRI corruption investigation
WATCH LIVE TV



Most Read Articles
Most Watched Videos
  • Generations Riviera Maya
  • Mayair

Language

Mexico News Network
All rights Reserved 2018