BMW planning major investment in Mexico, minister says

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

German carmaker BMW is planning a new major investment in the central Mexican state of San Luis Potosi, where the company already has a plant, Mexican Foreign Minister Marcelo Ebrard said Friday.

is planning a new major investment in the central Mexican state of San Luis Potosi, where the company already has a plant, Mexican Foreign Minister Marcelo Ebrard said Friday.

A day earlier, Ebrard and President Andres Manuel Lopez Obrador had said BMW was investing around 800 million euros in San Luis Potosi, without specifying whether it was a new outlay in Mexico. "The president has asked us to speed up investments in our country," Ebrard told reporters following a diplomatic event. "He already announced a very important investment which will be made in San Luis Potosi, by BMW."BMW, which operates three plants in Latin America, opened the billion-dollar San Luis Potosi site in 2019. It currently manufactures the 3 Series, the 2 Series Coupe and M2 models.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

a perfect place to go and find people who will work for poverty wages in unsafe conditions while they destroy their environment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines