Mazda has announced plans to increase the production capacity of their Mexican plant to 230,000 units annually. It will build the Mazda2, Mazda3 and a Toyota-badged vehicle.

Mazda hasn't even finished building their new plant in Salamanca, Mexico but that hasn't stopped the company from announcing plans to increase its annual production to 230,000 units by March 2016.

When the plant officially opens in 2014, it will have an initial production capacity of 140,000 units annually. Since the plant will also build a Toyota-badged vehicle in the summer of 2015, Mazda decided to expand the plant to accommodate that car as well as new versions of the Mazda2 and Mazda3.

In a statement, Mazda CEO Takashi Yamanouchi said "This production capacity increase is an important part of Mazda’s drive to strengthen its overseas production base as laid out in our medium- to long-term plan. It is important to note that this capacity increase in Mexico which will allow us to meet our production agreement with Toyota as well as the growing demand for our SKYACTIV products around the world, will be incremental to production in Japan.

Mazda to expand Mexican plant, confirms it will produce three vehicles