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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Missing Mexican journalists appear chained hand and foot in video, 'paying the consequences' for their reportingMissing Mexican journalists appear chained hand and foot in a new video, with one of them saying they're 'paying the consequences' for their reporting.
Read more »
Here’s the possible fallout for capture of Mexican cartel boss wanted in Southlake slayingIt took almost a decade, but mounting U.S. pressure to capture a Mexican cartel leader wanted for a sensational daylight murder in a busy and affluent...
Read more »
USD/MXN Price Analysis: Mexican Peso hits fresh multi-year highs, starts looking at 18.50The USD/MXN is falling for the seventh time out of the last eight trading days and trades at the lowest level since February 2020, under 19.00. The pa
Read more »
Rep. Gallagher introduces package of bills to fight back against Mexican cartelsRep. Mike Gallagher, R-Wis., is introducing a number of bills in the House to tackle Mexican cartels amid growing violence and a crisis at the U.S.-Mexico border.
Read more »
US launches online system to seek asylum on Mexican borderThe Biden administration has launched an online appointment system for migrants to be exempt from limits on seeking asylum, its latest major step to overhaul border enforcement
Read more »
U.S. launches online system to seek asylum on Mexican borderThe government's app is currently available only in English and Spanish and requires access to a smartphone, email and reliable internet.
Read more »