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Mazda to boost plant capacity in Mexico by 21 percent

Friday, January 4, 2013

Mazda will be increasing the capacity of a plant that it is building in Mexico to produce 230,000 cars a year by March 2016, said the company's chief executive, Takashi Yamanouchi.

The Hiroshima-based car maker is building a factory at Salamanca, Mexico to make the Mazda2 and Mazda3 models.

The company stated in November last year that it will be able to make 190,000 cars per year, which includes 50,000 small cars for Toyota.

Mazda is following in the footstep of rivals Toyota, Honda, and Nissan in turning to Mexico, which is gradually becoming a top choice for exports because of its lower production costs and free-trade agreements with 37 countries.

Source: Japan Daily Press