Daimler and the Renault-Nissan Alliance announce new plant in Aguascalientes

The new business is called COMPAS, which stands for Cooperation Manufacturing Plant Aguascalientes.
(Photo: Special)
07/08/2015
18:45
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Daimler and the Renault-Nissan Alliance announced a 50-50 joint venture collaboration to establish a manufacturing plant operation in Aguascalientes, Mexico due to its strategic location, which will facilitate imports and exports.

The new business is called COMPAS, which stands for Cooperation Manufacturing Plant Aguascalientes. 

The new plant will be located near the Nissan Aguascalientes A2 plant.

"COMPAS is an outstanding example of the global reach of the Renault-Nissan Alliance and Daimler cooperation. Together we are combining the manufacturing expertise of Nissan and Daimler in one production plant in Mexico for the production of next-generation premium compact cars,” said COMPAS CEO Ryoji Kurosawa.

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