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Mercedes-Benz GLA and Infiniti Q30 Expected for Joint Mexico Production 05-Sep-2013 10:59 GMT News Investments

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Mercedes-Benz GLA and Infiniti Q30 Expected for Joint Mexico Production 05-Sep-2013 10:59 GMT News Investments Mercedes-Benz GLA and Infiniti Q30 expected for joint Mexico production 05-Sep-2013 10:59 GMT News Investments Sourcing for the Mercedes-Benz in Mexico is an expected hedge against some currency fluctuations relative to the US market Sources have confirmed to Reuters that the Infiniti Q30 will be one of the vehicles Nissan and Daimler will jointly build vehicle at Nissan's Aguascalientes, Mexico, plant. The Aguascalientes plant opens later in 2013. Among the considered Mercedes-Benz products is the GLA, which goes on sale in spring 2014 Europe and fall 2014 in the United States. GLA production begins at a Mercedes-Benz plant in Rastatt, Germany and Mercedes will reveal the production GLA at the Frankfurt auto show next week, with Infiniti showing a concept version of the Q30, derived from the 2011 Etherea concept. The GLA is a four-door crossover, and will share engines and some chassis components with the Q30, billed as a four-door hatchback. Significance: Sourcing for the Mercedes-Benz in Mexico is an expected hedge against some currency fluctuations relative to the US market, and a Mercedes has been earmarked for the Aguascalientes expansion for two years, however, the CLA had been more widely expected. Production of the GLA at Ratstatt is due in 2014, the GLA is also due for production in China in 2015, according to the IHS Automotive forecast. Nissan previously announced that an Infiniti C-segment hatchback would be at the Sunderland, United Kingdom, assembly plant, and only at Sunderland, but the Etherea / Q30 is using the Mercedes MFA platform, for which Nissan's Aguascalientes plant is already being prepared. About the time of the Etherea's 2011 launch, it was planned to be built under contract by Magna-Steyr in Austria; that plan was scrapped in October of 2012. Production of the Infiniti, whether Mexico or the United Kingdom, is not expected until 2015. The information contained in this presentation is confidential. Any unauthorized use, disclosure, reproduction, or dissemination, in full or in part, in any media or by any means, without the prior written permission of IHS Markit or any of its affiliates ("IHS Markit") is strictly prohibited. IHS Markit owns all IHS Markit logos and trade names contained in this report that are subject to license. Opinions, statements, estimates, and projections in this report (including other media) are solely those of the individual author(s) at the time of writing and do not necessarily reflect the opinions of IHS Markit. Neither IHS Markit nor the author(s) has any obligation to update this report in the event that any content, opinion, statement, estimate, or projection (collectively, "information") changes or subsequently becomes inaccurate. IHS Markit makes no warranty, expressed or implied, as to the accuracy, completeness, or timeliness of any information in this report, and shall not in any way be liable to any recipient for any inaccuracies or omissions. Without limiting the foregoing, IHS Markit shall have no liability whatsoever to any recipient, whether in contract, in tort (including negligence), under warranty, under statute or otherwise, in respect of any loss or damage suffered by any recipient as a result of or in connection with any information provided, or any course of action determined, by it or any third party, whether or not based on any information provided. The inclusion of a link to an external website by IHS Markit should not be understood to be an endorsement of that website or the site's owners (or their products/services). IHS Markit is not responsible for either the content or output of external websites. Copyright © 2021, IHS Markit®. All rights reserved and all intellectual property rights are retained by IHS Markit..
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