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Audi To Open Plant In Mexico

Audi officials say the carmaker will open a new plant in Mexico that should begin production of an SUV model starting in 2016.

MEXICO CITY (AP) -- Audi officials say the carmaker will open a new plant in Mexico that should begin production of an SUV model starting in 2016.

Officials say in a statement released in Germany on Tuesday that they will decide on a location for the factory later this year.

The parent group Volkswagen AG already has an automotive plant in Puebla and an engine plant in Silao, both in central Mexico.

Officials didn't say how much money they would invest on the plant or how many jobs it would create.

Rupert Stadler, Chairman of the Board of Management of AUDI AG, says the company chose Mexico because it is one of the world's top 10 automotive locations and "offers a blend of tradition and experience. "