CHICAGO Nissan Motor Co. Ltd. said its production capacity in the Americas will surpass 2 million vehicles by early next year, up from nearly 1.73 million currently.
The Yokohama, Japan-based automaker said it will invest $5 billion in response to strong growth opportunities throughout the region and to protect itself from volatility in global currencies. The company expects to add more than 10,000 jobs across the region to staff new plants in Mexico and Brazil, as well as increase capacity at its U.S. facilities.
Nissan brands will be further bolstered by a $2-billion manufacturing complex, supplier park and quality proving ground in Aguascalientes, Mexico (amm.com, July 31). During the initial phase of the development, the complex will support production of up to 175,000 "B" platform vehicles per year and complement its two Mexican manufacturing facilities in Aguascalientes and Cuernavaca.
Construction also is under way on a $1.5-billion manufacturing complex in Resende, Brazil, which will make up to 200,000 "V" platform vehicles annually when production starts in the first half of 2014.
The company also will begin production of 4-cylinder gasoline engines for Infiniti and Mercedes-Benz models in early 2014 at a Renault-Nissan Alliance powertrain plant in Decherd, Tenn. The project, a joint venture with Stuttgart, Germany-based Daimler AG, has an installed capacity of 250,000 units per year.