UPDATE 1-Mazda, Sumitomo to build Mexico car plant -Nikkei

Newswire

* Mazda, Sumitomo to spend $355-475 mln on new plant -Nikkei * Plant to start in 2013, make 100,000 compact cars a year * Will be first overseas plant controlled by Mazda (Adds details, Mazda comment) TOKYO, Nov 30 (Reuters) - Japan's Mazda Motor and trading house Sumitomo Corp will jointly spend 30 billion to 40 billion yen ($355 million-$475 million) to build a car plant in Mexico that will supply Latin America, the Nikkei business daily reported on Tuesday. A Mazda spokesman said ...

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