Automakers Boost Investing on Vehicle Factories in Mexico

Toyota Motor Corp.’s plan to source cars from Mazda Motor Corp.’s Mexican plant starting in 2015 highlights global automakers’ growing reliance on the Latin American nation for quality production as well as lower costs.

Mexico’s vehicle output is on pace to reach a record 2.86 million units in 2012, according to researcher LMC Automotive. More is on the way, as Honda Motor Co. is building its first large Mexico assembly plant, Nissan Motor Co. adds a third factory, Ford Motor Co. produces midsize sedans and Volkswagen AG’s Audi opens the country’s first luxury vehicle plant in 2016.