General Motors to invest $5 bln in Mexico - Economy Minister
MEXICO CITY Dec 11 (Reuters) - General Motors will invest $5 billion in Mexico to double its production capacity at its plants around the country, Mexican Economy Minister Ildefonso Guajardo said on Thursday.
"With this investment, General Motors will double its production capacity of vehicles, engines and transmissions," Guajardo said in Mexico City.
The investment would be made through 2018, said General Motors chief executive in Mexico, Ernesto Hernandez.
(Reporting by Joanna Zuckerman Bernstein)
© Thomson Reuters 2016 All rights reserved.