Jan 4 Mazda Motor Corp said it will
increase production capacity at its new plant in Mexico in the
fiscal year that ends March 2016 to 230,000 vehicles from
Mazda will invest a total of $650 million in the plant that
is currently under construction in Guanajuato, Mexico, Japan's
No.5 automaker said in a statement on Friday.
That includes a newly announced investment of $150 million
for equipment to produce 180,000 Mazda vehicles and an already
announced $500 million for plant facilities, a spokesman in
The plant is set to start operating in January-March 2014
with an initial capacity of 140,000 vehicles. The automaker will
make Mazda2 sub-compact and Mazda3 compact cars for the North,
Central and South America markets at the plant.
The plant will also begin producing about 50,000 sub-compact
Toyota Motor Corp vehicles starting around the summer
of 2015, Mazda and Toyota said in November.
Toyota will separately invest for equipment costs related to
producing its vehicles at the factory, the Mazda spokesman said.