INEOS Automotive Announces Mexico Factory
Wednesday, July 6, 2023 |
INEOS Group | INEOS Automotive has today announced that it is to invest more than €1.1 billion into its new manufacturing facility in Aqua Nueva-Saltillo, Saltillo, Coahuila, Mexico. Production at the Saltillo plant is slated to begin with the 2026 model year and will include its newly announced Quartermaster truck. Manufacturing the truck in Mexico will avoid the so-called "chicken tax" in the US market, per USMCA, formerly NAFTA.
Details here.