Volkswagen to invest 233.5 mln USD in engine plant in central Mexico


  • World
  • Friday, 13 Nov 2020

MEXICO CITY, Nov. 12 (Xinhua) -- German car manufacturer Volkswagen will invest 233.5 million U.S. dollars to expand its engine plant in central Mexico, in a bid to boost production capacity aimed at the North American market, the company said on Thursday.

Added capacity will be used to manufacture the new EA211 turbocharged engine at the plant in Silao, Guanajuato, which will be integrated into Volkswagen vehicles in North America in 2021, the president of the company in Mexico, Steffen Reiche, explained during a videoconference.

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