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Apple said Tuesday that net income in its latest quarter more than doubled, while revenue grew 73 percent.
MEXICO CITY | Nissan Motor Co. announced Wednesday it is investing $2 billion to build a new manufacturing plant in Mexico. It will be the Japanese company’s third in the country, helping it serve markets throughout the Americas.
Construction of the plant in the northern state of Aguascalientes will begin this summer and production should start by the end of next year, according to a company statement. It said an industrial park for supplier companies also will be built.
The plant is projected to have the capacity to produce 175,000 vehicles a year, focusing on “B” platform vehicles. Those include the Versa, March and Tiida. The company says that will give Nissan the ability to produce 1 million cars a year in Mexico in the midterm.
Judge may cancel WaMu insider-trading ruling
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