According to reports, Michelin intends to erect a new passenger car and light truck tyre factory in Mexico. Citing information from “documents” and an e-mailed statement, Reuters writes that this plant would initially have an annual capacity to produce 5 million tyres, a number that could be doubled by around 2020 should market conditions favour growth. The facility will be located in the state of Guanajuato and be ready to enter production in 2017.