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Mexico Reaps Investment, Jobs from Auto Sales Boom

Posted April 16, 2015

Under Economic Issues, International Trade Issues

(James R. Healey – USA Today)

Toyota Motor said Wednesday it will invest $1 billion in a new Mexican car factory, a striking investment that is, after all, just another good day for Mexico.

Ford Motor plans to say Friday it will put as much as $2.5 billion into expanding two powertrain plants in Mexico.

Honda Motor recently opened a plant there. Volkswagen delayed the U.S. launch of its redesigned Golf until it finished an expansion at a Mexico plant that builds the Jetta for the U.S. Click here to read more.