Zhongxing Automobile Invests USD300 Million Factory Similars in Mexico
BEIJING – Automotive company of China Zhongxing Automobile invests fund equal to USD300 million to build factory in Tijuana Meksiko. This factory will produce vehicle for North America region.
Zhongxing Automobile ( ZA) will start produces vehicle of type Sport Utility Vehicle ( SUV) and Pick Up in the year 2009. ZA also holds mutually automotive company of United States Chamco Auto.
Capacities produce of factory Tijuana 150000 units per year. 25 % its(the production will be sold to United States market and 50000 units will be marketed in Mexico.
The Side Of Chamco Auto tells Thursday 14 Junes that building factory in Mexico to have advantage value for automotive company of Asia is not aside from China. Every state in upstate America area tied in American Free Trade Rules causing markets product made in the area will be free of import cost.
Chamco adds that vehicles which will be produced will not fail quality with vehicle made in American manufacturer. Even vehicle of Zhongxing would cheaper.
Automotive industry of China bursts a few latter years. This condition makes automotive manufacturers of China does expansion out China and America is one of area having good prospect to be pierced.
Mexico is entrance for automotive manufacturer of world. Before All Nissan Motor, Ford Motor, Volkswagen, and many other automotive companies produces its(the kendaran is over there. Last year the companys produces 1,5 million cars and truck. Mostly steps into United States market.
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