[3] President Vicente Fox, other dignitaries, and local executives from General Motors attended the ground-breaking ceremony in July 2006.
The plant cost $650 million (US), employs up to 1800 and has an annual capacity of 160,000 cars [4] is a part of a "quiet" [4] trend of US companies moving production facilities to Mexico with little publicity.
Other examples include the Dodge Journey now manufactured at the newly renovated Toluca Car Assembly, where Chrysler invested $1 billion.
[4] The GM factory will be augmented by a new fastener production facility called Parque Industrial Millennium, a 3,400 square metres (37,000 sq ft) building, where EJOT of Bad Berleburg, Germany and ATF Inc. of Lincolnwood, IL, will manufacture engineered fasteners and cold-headed products.
[5] San Luis Potosí Assembly currently manufacturers the Chevrolet Equinox and GMC Terrain crossover vehicles.