Car company Kia, along with their CGI hamsters, are heading to Mexico.
The Korean auto manufacturer announced plans to build a new billion dollar plant near Monterrey this week.
The company joins a long list of car companies who have started producing cars in the country recently.
Mexican President Enrique Pena Nieto said Thursday that Kia will invest more than $1 billion in the factory and attract another $1.5 billion from Kia suppliers in Mexico, Bloomberg reported.
The country is also poised to surpass Brazil as the top Latin American automobile producer for the first time in more than a decade, Bloomberg noted.
This phenomenon begs the question: Is Mexico becoming the new Detroit?
Reporter Brendan Case at the Bloomberg Bureau in Mexico shares more.