Nissan announced a $1.3 billion dollar investment, partnering with Daimler, to manufacture Infinity and Mercedes Benz models in Mexico, which would be sold in the North American market. The announcement was made by Nissan President Jose Muñoz in a recent television interview. Construction of the plant will begin this year, located next to the existing Nissan plant known as Aguascalientes II. The first Infiniti models will be ready for sale in 2017, with the first Mercedes models rolling out in 2018. The plan is to manufacture 300,000 vehicles per year, which will generate 10,000 direct new jobs. With this investment plan, Nissan maintains its lead as manufacturer of vehicles in Mexico.