General Motors Mexico announced on Monday that it will invest $350 million at a manufacturing complex in Ramos Arzipe to begin making the next generation of the Chevrolet Cruze.

Production details of the new generation of Cruze, which will also be manufactured at the GM Lordstown Complex, will be released later.

GM says the investment will make Mexico the sixth producer of the small car, accounting for seven percent of global production.

General Motors says that more than 3.4 million models of the Cruze have been sold since its launch in 2008 in more than 100 countries.

GM Manufacturing Complex Ramos Arizpe was opened in May 1981 and now represents 25% of the total production of GM vehicles in Mexico, with around 173,400 units manufactured in 2014.

Eighty-seven percent of the vehicles produced by GM Ramos Arizpe are for export to markets such as Argentina, Brazil, Canada, Colombia, European Community, Korea, China, US, Japan, Paraguay, Russia and Saudi Arabia.

The plant is located approximately 140 miles southwest of the border with Texas.