BMW automakers bet on Mexico with billion-dollar Investments
|   Saturday, July 12, 2014
Last week there was an announcement from German luxury BMW carmaker to invest billion-dollars on its new plant to be built in Mexico in early years of 2019, which will be producing 150,000 vehicles. BMW is making a major move despite being last global premium carmakers; as like Volkswagen produced Audi, the Mercedes and Nissan also will be producing their premium vehicles in this city.

BMW automaker, is highly betting on its new plant in San Luis Potosi State 400km north of Mexico D.
capital by investing billion-dollars despite security questions persist in this area. Moreover, the Mexico being world's emerging country is at higher record relating to foreign direct investment in auto manufacturing.

Harald Kruger chief of BMW firm production say's that as in international growth BMW group strategy American Continent has important function, with Mexico the grow will continue as well. JP Morgan's Steven Palacio said, as moving forward the growth will also improve as telecom and energy sectors reform change plan sweep in economic agenda.
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