POST Online Media Lite Edition


Renault-Nissan, Daimler to expand cooperation in Mexico

Staff writer |
Teams from Renault-Nissan Alliance and Daimler AG will work closely on development of next-generation compact vehicles for both Mercedes-Benz and Infiniti.

Article continues below

New plant in Aguascalientes, Mexico, will add nearly 5,700 additional workers and annual capacity of 300,000 vehicles when fully ramped up Companies will equally divide investment costs of approximately €1 billion.

Renault-Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche announced that their companies have agreed to establish a 50:50 joint venture, the business entity that will oversee construction and operation of the new plant in Aguascalientes in north-central Mexico. The new plant will be built in the immediate vicinity of an already existing Nissan plant and will have an annual capacity of 300,000 vehicles when fully ramped up.

Start of production is planned for 2017 with Infiniti models. The production of Mercedes-Benz brand vehicles will follow in 2018.

Daimler and Nissan will share the total investment cost for Aguascalientes of approximately €1 billion. The companies will add almost 5,700 jobs (including engineering, line workers and support staff) by the time the plant reaches full capacity, expected in 2021. In addition, a high localization rate will significantly increase the Mexican supply base.

What to read next

Daimler and Renault-Nissan Alliance break ground for JV plant in Mexico
Nissan and Renault made deal, France satisfied
Renault-Nissan to set up new China JV with Dongfeng Motor for electric cars