Most Mexican-built autos that U.S. consumers see in showrooms are compact cars like the Ford Fiesta, Nissan Sentra and Honda Fit.
But soon premium automakers like BMW, Audi and Mercedes-Benz plan on rolling luxury vehicles off assembly lines in Mexico.
President Enrique Peña Nieto presided Thursday over an announcement by BMW that it will build a $1 billion plant in San Luis Potosi. It will begin production in 2019 and ship luxury vehicles to North and South America.
It was the latest in a quick succession of announcements by German and Japanese automakers of plans to . . .
