/ Industry, News / Report – Auto supplier Bosch to invest 400 million euros in Mexico

Report – Auto supplier Bosch to invest 400 million euros in Mexico

Linked In Share
Report – Auto supplier Bosch to invest 400 million euros in Mexico

According to a report coming from a German newspaper, the automotive supplier Robert Bosch is ready to launch an investment plan worth 400 million euros to manufacture car parts for the expanding North American region.

The Stuttgarter Zeitung quoted German supplier Robert Bosch CEO Volkmar Denner saying the company is preparing to massively invest into Mexico – recently the country spearheading production novelties in the region – by pouring 400 million euros ($546 million) over the next years – also creating in the process some 3,000 new jobs.

The auto industry in Mexico has been growing heavily in the past few years, with many automakers and suppliers taking advantage of the geographical position of the country, its cheap workforce and the rising business opportunities the government has created by signing numerous trading partnerships. Just last week Daimler and Nissan announced a new partnership to build a plant in Mexico for the Mercedes-Benz and Infiniti brands, while BMW is expected today to make official the long rumored new facility for North America – which would also be constructed there.

Denner told the newspaper that Bosch intends to build in Mexico a new research and development center and additionally grow its current local manufacturing capacity.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Thursday, July 3rd, 2014 - filed under Industry, News. Image credit: .
Linked In Share
Related Articles
auto supplier bosch investment mexico


Discuss: Report – Auto supplier Bosch to invest 400 million euros in Mexico

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Wolff injured in cycling crash
Wolff injured in cycling crashJul.23 (GMM/Inautonews.com) Toto Wolff is expected to attend this weekend's Hungarian grand prix, despite undergoing surgery on ...
Review – German GP 2014
Review – German GP 2014Taking Rosberg’s easy win out of the picture, the German GP was truly spectacular, full of wheel-to-wheel racing, some of the ...
2015 Hyundai Tucson gets launched in the U.S.
2015 Hyundai Tucson gets launched in the U.S.The 2015 Hyundai Tucson is now available in dealerships across the United States for a base price of 21,500 USD, without the 875 ...
2015 Smart ForTwo Brabus spied for the very first time
2015 Smart ForTwo Brabus spied for the very first timeOur spy photographers have managed to capture the brand new Smart ForTwo Brabus on camera for the very first time. Daimler’s ...
2015 Audi Q7 spied
2015 Audi Q7 spiedThe German based automaker Audi is currently developing an updated version of the Q7 which will make its way onto the market ...
Slightly updated Mercedes-Benz M-Class seed in the U.S.
Slightly updated Mercedes-Benz M-Class seed in the U.S.A modest facelift will soon be applied to the popular Mercedes-Benz M-Class as the test mule pictured below has been seen, with ...
Red Bull rivals ‘target’ Vettel – Marko
Red Bull rivals ‘target’ Vettel – MarkoJul.23 (GMM/Inautonews.com) McLaren and Mercedes have targeted Sebastian Vettel, the German magazine Sport Bild reported on ...
Facelifted Jaguar XJ spied
Facelifted Jaguar XJ spiedThe facelifted version of the Jaguar XJ is currently in development as the model should make its official debut by the end of ...
Honda NSX test mule gets spied
Honda NSX test mule gets spiedOur spy photographers have managed to provide us with new spy photos of the upcoming Honda NSX which has been recently caught on ...
US: auto journalists make record coast-to coast run in Tesla Model S
US: auto journalists make record coast-to coast run in Tesla Model SKudos to our fellow peers, which unassisted by Tesla, set out to prove electric cars can be fast, reliable and fun in a record ...
[VIDEO] Ferrari 458 Italia gets crashed in Latvia by drunk driver showing off
[VIDEO] Ferrari 458 Italia gets crashed in Latvia by drunk driver showing offThis impressive Ferrari 458 Italia will need some important servicing in order to return to its former glory after its driver, ...
Consumer Reports rates high Buick’s Regal
Consumer Reports rates high Buick’s RegalThe 2014 Buick Regal was considered by the highly influential magazine as the second-best pick in the premium sedan segment, just ...
Australian recall roundup: Holden VF Commodore and Holden WN Caprice
Australian recall roundup: Holden VF Commodore and Holden WN CapriceAustralia’s Holden car company has recently announced a recall for the VF Commodore and for the WN Caprice because of an ...
Matte Black Lamborghini Aventador gets crashed in Taiwan
Matte Black Lamborghini Aventador gets crashed in TaiwanAnother Lamborghini Aventador supercar has been recently crashed in Taiwan after its driver lost control of the wheel and met a ...
Recall roundup: Chrysler Group Durango and Grand Cherokee
Recall roundup: Chrysler Group Durango and Grand CherokeeChrysler has issued a new recall, this time for the Dodge Durango and for the Jeep Grand Cherokee, because of a problem with ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 hyundai tucson 2
Smart Brabus 01
Audi Q7 01
Mercedes ML Facelift 03
Jaguar XJ Facelift 01
Honda NSX 01
lamborghini aventador crash taiwan 1
pagani huayra delivered new us united states miller motors 2014 1
2015 smart fortwo cabrio render 1
audi r8 fire london 1
2010 chevrolet camaro ss tuning dd customs 1
2015 ford f-150 1

More automotive from inautonews
Taking Rosberg’s easy win out of the picture, the German GP was truly spectacular, full of wheel-to-wheel racing, some of the overtakes backfiring against the initiator. Lewis Hamilton made an excellent recovery from 20th on the grid to the rostrum, but his performance should be seen in the ...
read more
Inautonews Editors Section
Review – German GP 2014
Review – German GP 2014Taking Rosberg’s easy win out of the picture, the German GP was truly spectacular, full of wheel-to-wheel racing, some of the overtakes backfiring ...
Britain and Germany go to war
Britain and Germany go to war1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of Schumacher but loses the car at the first ...
Racing tracks – sleeping pill or energy drink?
Racing tracks – sleeping pill or energy drink?The racing weekend took us across the whole world last weekend, with dull or spectacular racing being influenced not only by the quality of the ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Australian recall roundup: Holden VF Commodore and Holden WN CapriceAustralia’s Holden car company has recently announced a recall for the VF Commodore and for the ... Recall roundup: Chrysler Group Durango and Grand CherokeeChrysler has issued a new recall, this time for the Dodge Durango and for the Jeep Grand Cherokee, ...
Safety Section