Report: BMW nearing decision on new plant in Mexico for 3 Series production
Your next BMW 3 Series could be built in Mexico. That’s right – BMW is reportedly looking at four locations in the country for a plant that will build the 3-Series and is currently negotiating with the government for incentives and tax breaks.
Production of the 3 Series would begin in Mexico in late 2016 or early 2017.
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One source said that the state of Queretaro in north central Mexico is a leading contender. The Mexican plant will eventually have a capacity of 100,000 to 150,000 units.
Insiders say that along with the 3 Series, BMW is also considering production one of its FWD vehicles in Mexico. The first BMW to use the new FWD architecture will be the next 1 Series in 2017.
– By: Omar Rana
Source: AutoNews
