Renault-Nissan Alliance and Daimler to Setup New Plant in Mexico

Highlights
Daimler and Renault-Nissan have announced plans to establish a joint venture to build a new plant in Aguascalientes, Mexico. The plant will employ approximately 5,700 people and begin building Infiniti vehicles in 2017.
In 2018, certain Mercedes models, which have not been named yet, will also be seen on the assembly line. Daimler and Nissan will share the total investment cost for Aguascalientes of approximately 1 billion Euros.
No specifics regarding platforms or cars have been revealed yet, but we are quite certain that the MFA platform will make its way to this plant, which will help build entry-level luxury cars. The vehicles will be developed in collaboration, though both companies claim that they will be different from each other in terms of design and specifications.
According to Carlos Ghosn, CEO, Renault-Nissan, "Joint development of compact premium vehicles and joint production in Aguascalientes together represent one of the largest projects between the Renault-Nissan Alliance and Daimler. It also shows how our collaboration, which began in Europe, has become global in scope."
Dieter Zetsche, Chairman, Mercedes, said, "In Aguascalientes, we will take our successful partnership to the next level by combining the skills of our two companies Daimler and Nissan in one production plant. Just over four years after the cooperation was founded, the decision for the new plant in Mexico is a major milestone."
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Last Updated on June 30, 2014
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