MEXICO CITY, Jan 20 (Reuters) - General Motors Co said on Thursday it is investing $540 million in its motor plant in central Mexico to produce two low-emission engine models.
Mexico's auto sector, a key driver of industrial activity, is closely tied to demand from the United States and it has helped the domestic economy rebound from a deep recession. Auto production was up 50 percent for 2010 compared with 2009 while exports were up 52 percent in that period.
U.S., European and Asian automakers have increased investments and shifted more production into Mexico recently. (Reporting by Cyntia Barrera Diaz and Michael O'Boyle, editing by Gerald E. McCormick)