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Reuters: New BMW Mexican plant to produce 150k vehicles annually

  • BMW's (BAMXY) new assembly plant in Mexico will be able to produce 150k cars a year, Reuters reports. The company has still not publicly confirmed the new facility, but is expected to make the announcement on Thursday.
  • The new plant will rival Daimler and Nissan, which have announced their 50-50 joint venture in Mexico last week.
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