MEXICO / JAPAN : Nissan Will Build New $2 Bn Plant In Aguascalientes.

http://www.bloomberg.com/news/2012-01-25/nissan-to-build-2-billion-mexican-plant-to-avoid-yen-losses.html

    Japan is in trouble. 
    But it means a coup...for Mexico.
    For the first time since 1980...Japan registered a trade deficit...$32 bn...in 2011.
    Blame an unreasonably strong yen, a catastrophic earthquake/tsunami...and widespread shutdown of nuke plants...requiring massive fuel imports...for the resource poor island nation.
    Nimble Nissan...the number 2 Japanese auto maker...unlike the resistant and stubborn Toyota...will build a new auto plant outside Japan...in Aguascalientes...its 3rd there...and spend about $2bn.
     Initially...the new plant will make about 175,000 small cars annually.