Wards Auto has revealed its Light Vehicle forecast for North America for 2014. The report predicts that the foreign manufacturers will be increasing their production in the continent by 3.9 percent in 2014. If the report is to be believed, that means we will be seeing about 123,000 extra vehicles produced in North America. This will increase the total production both by North American manufacturers and foreign manufacturers to about 16.9 million units from the projected figure of about 15.6 million units in 2013. Much of the increase can be attributed to the Toyota who is planning to build it’s another car at the Blue Springs, MS plant and a Lexus model at its Georgetown, KY facility in a year.
Similarly Volkswagen is also intending to start production of a currently imported model to its Puebla plant in Mexico. Honda, Daimler, Mazda and Nissan are also planning to build additional models in North America for the first time. About 2/3rd of the manufacturing will be taking place in Mexico that will help the country to use full 20 percent of the continent’s automotive productions.