END ahead of last week, Mazda Motor Corporation announced the construction of new production facilities in Mexico and also a sales company in Brazil that they both are the result of cooperation with Sumitomo. The move by Mazda to strengthen its brand presence in the markets of Central and South America.
Mazda Build New Plant in Mexico to stenghten to strengthen its branch in Latin America
Mexico Mazda factory located in Salamanca city about 250 miles from Mexico City this will produce the Mazda2 and Mazda3. Investments will reach U.S. $ 500 million with a ratio of 70% -30% between Mazda and Sumitomo. When operated at full capacity, the plant will employ about 3,000 employees.
The hope, this plant can begin operation in fiscal year 2013 or the month of April 2013 to March 2014 with a production capacity of 140,000 units per year. Additionally, Mazda and Sumitomo also opened a sales company in Sao Paulo Brazil by the name of Mazda Motor do Brasil Limitada with the distribution of capital of 70% -30%.
Brazil is the world's fourth-largest market after China, the United States and Japan with the increasing demand for new cars doubled between 2005 and 2010 to 3.5 million units. Initially, this need is met through imports cars from Japan. After that, it will be supplied by the factory in Mexico after the new facility began operation Mazda
