Industry / Mexico
ZX Auto Signs Deal To Produce Vehicles
December 2009 | Company BriefNews: Chinese automaker ZX Auto (Hebei Zhongxing) has inked a deal with the governor of the Mexican state of Baja California to produce cars or light buses in the state, reports Inside Line. Baja California Governor José Guadalupe Osuna Millan revealed the automaker's investment plans for the state, which are expected to reach a value of US$400mn. The automaker will employ 1,400 people and targets an annual production capacity of 200,000 units.
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