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Great Wall Motor Ponders Auto Plant in Mexico or U.S.
China’s Great Wall Motor Co. is studying plans to build a North American assembly plant somewhere the U.S. or in either Nuevo Leon or San Luis Potosi, Mexico, sources tell Reuters.
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China’s Great Wall Motor Co. is studying plans to build a North American assembly plant somewhere the U.S. or in either Nuevo Leon or San Luis Potosi, Mexico, sources tell Reuters.
A Great Wall executive says the choice of location would depend upon the outcome of trade issues between the U.S., Mexico and China. The proposed facility would cost about $500 million and have capacity to make 250,000 vehicles per year for the local and U.S. markets. A source says construction could begin next year.
Great Wall, which is considered China’s largest producers of SUVs and pickup trucks, has been discussing supply logistics with railroad firms in Mexico, according to Reuters.
The news service points out that in December heating and cooling system maker Carrier Corp. scaled back plans to relocate production from Indiana to Nuevo Leon. In January Ford Motor Co. canceled a $1.6 billion auto plant in San Luis Potosi. Both moves were linked to pressure by President Donald Trump to boost employment in the U.S.
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