Japan's Mazda Motor Group plans to raise €1.6 billion to shore up its finances and invest in a new plant in Mexico, financial sources said today - a bigger-than-expected fund raising that sent its shares tumbling 13 per cent.

Although the Brazilian market is important to Mazda Motor de Mexico, if the Economic Complementation Agreement (ACE) 55, modifies with that nation, the automaker would seek to diversify their production in other parts of the world.

Tijuana. - A total of 54 companies in the aerospace industry are in Baja California, which represent 50 percent nationally