Geely Plans Mexican Factory, U.S. Vehicle, Li Says
Tagged: Mexico
Geely Holding Group Co., China’s largest privately owned automaker, plans to build a plant in Mexico and make U.S.-specific models to enter the world’s biggest auto market.
“We have to design cars fully in compliance with the demands of American consumers,” founder Li Shufu said in an interview yesterday at the North American International Auto Show in Detroit. The company and its partners will initially invest $500 million in the new factory, he said.”*
*From: www.bloomberg.com/
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Filed Under: 1. Hispanic News, Business, Business News
