The Chinese firm SAIC (MG manufacturer) has decided to strengthen its relationship with Mexico and Latin America. In a first stage, the manufacturing plant, which will be established in the Centro or Bajío, will assemble 100,000 units.
With the celebration of the sale of its 150,000th unit since its arrival in Mexico, the automotive company MG Motor announced that it will install a Research and Development Center in Mexico, which includes manufacturing combustion and electric vehicles for export to the Latin American market, as well as how to generate intelligence.
Although he did not specify the dates of the business planes in America, he explained that the Chinese firm SAIC has decided to strengthen the relationship with Mexico and Latin America. In the first stage, the manufacturing plant in Mexico that will be established in the Center or Bajío would assemble 100,000 units.
Positioning itself in Mexico as the only Chinese brand within the Top Ten led SAIC, MG's parent company, to bet on the Mexican market, Central America and the Caribbean.
"Looking ahead, we are excited to announce plans to establish Mexico as a hub for Latin America," said Zhang Wei, president of MG Motor Mexico.
He added, this includes not only a manufacturing plant, but also a research and development center. This move will allow us to not only produce vehicles, but also generate market intelligence designed specifically for and by Latin America.
Among the projects contemplated in this new era for MG, the CEO confirmed the arrival of IM, the group's premium automobile brand, to the Mexican market.
Likewise, the development of an automotive plant is planned that aims to make Mexico a pole of growth and expansion for SAIC Group and MG Motor in Latin America and the Caribbean.