Carmakers to build $1.4 billion Mexico plant

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Representatives of Daimler, Renault-Nissan, Infiniti, and the Mexican government, arrive for a joint press conference in Mexico City, Friday, June 27, 2014. From left are Mexico's Secretary of the Economy Ildefonso Guajardo Villarreal; Mercedes Benz Mexico CEO Pedro Antonio Tabera; Daimler's Dr. Guido Krupinski; Jose Munoz, Nissan's executive vice president and the chairman of Nissan North American; Carlos Lozano de la Torre, governor of Aguascalientes state; and Michael Bartsch, vice president of Infiniti Americas. (AP Photo/Rebecca Blackwell)MEXICO CITY (AP) — Automakers Daimler and Renault-Nissan say they will build a $1.36 billion plant to manufacture Infiniti and Mercedes-Benz brand compact vehicles.

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