Audi México
The new Audi Q5 at the finish line in assembly in the Audi plant in San José Chiapa, Mexico. Courtesy of Audi

Audi Opens Mexico Plant to Build the New Q5 SUV

Sep 30, 2016

German car maker Audi said on Friday it had inaugurated its new plant in Mexico, where it would build the new Audi Q5 SUV.

The plant near to the central city of Puebla will have a production capacity of 150,000 cars a year, the company said.

Reuters reported in June that Audi, Volkswagen's luxury car brand, would make an electric version of the Q5 at the plant.

"Here in Mexico we will probably soon build an SUV that can drive in electric mode," Audi Chief Executive Officer Rupert Stadler said in a statement.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions