Background on JAC Motor México and its Significance
JAC Motor México, operating under the JAC brand and part of Giant Motors Latinoamérica (GML), is set to invest 3,000 million pesos in expanding its assembly plant. This investment will elevate the plant’s production capacity to 60,000 vehicles annually, all bearing the “Made in Mexico” label.
Who is Elías Massri?
Elías Massri, CEO of GML, announced this significant investment. His leadership has been instrumental in driving the growth and modernization of JAC Motor México.
Why is this relevant?
This investment lays the foundation for the transition towards a fully automated and “manufactura 4.0” plant by 2026, including the production of electric vehicles (EVs). The company’s commitment to expanding its production capabilities and employment opportunities underscores its importance in Mexico’s automotive industry.
Details of the Investment
- Investment Amount: 3,000 million pesos
- New Production Capacity: 60,000 vehicles annually
- Direct Jobs Created: 1,000
- Additional Jobs Created: 4,500
- Total Square Footage to be Constructed: 33,000 square meters
- Current Production Capacity for EVs: Over 7,000 vehicles per year (expandable to 12,000)
JAC Motor México’s Growth and Achievements
Isidoro Massri, Director of Corporate for GML, highlighted JAC Motor México’s impressive 40% average sales growth in autos and trucks, which has fueled investments and the “Made in Mexico” label’s prominence.
- Current Production Lines: 8 multi-model lines
- Models Produced: Pickup trucks, commercial vehicles, SUVs from 23 models
Martín Gutiérrez’s Role and Plans for the Future
Martín Gutiérrez, Director of Assembly Plant for GML, outlined the new capital’s allocation towards constructing specialized assembly lines for cutting-edge technologies, including electric vehicles (EVs).
GML’s Vision for the Future
Group JAC has recognized Mexico as its best assembly plant globally, according to Massri. This recognition further emphasizes JAC Motor México’s significance in the automotive sector.
Key Questions and Answers
- Who is making the investment? Giant Motors Latinoamérica (GML), operating under the JAC brand.
- What is the investment amount? 3,000 million pesos.
- What will be the new production capacity? 60,000 vehicles annually.
- How many new jobs will be created? 1,000 direct and 4,500 additional jobs.
- What is the total square footage to be constructed? 33,000 square meters.
- What is the current EV production capacity? Over 7,000 vehicles per year (expandable to 12,000).
