June 30, 2014 / 3:35 PM / in 4 years

BMW to make strategic announcement on July 3 in Mexico

FRANKFURT, June 30 (Reuters) - Germany’s BMW on Monday said it will make an announcement in Mexico on July 3, although the German premium auto manufacturer stopped short of confirming it will be about a widely expected decision to build a car factory.

“A decision will be made public,” a spokesman for the Munich-based auto maker said.

Last week, BMW Chief Executive Norbert Reithofer said the Munich-based auto maker is still deliberating on where to locate a new factory and will reach a decision before the summer break.

Reporting by Luis Rojas in Mexico City and Irene Preisinger in Munich, writing by Edward Taylor; Editing by Jonathan Gould

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