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The Truth Behind Trump, The Auto Market And Mexico Automotive Industry Growth

The Truth Behind Trump, The Auto Market And Mexico Automotive Industry Growth

Mexico automotive industry 2017Positive aspects of Nearshoring in Mexico, Key Highlights and 2016 Business Overview. The whole North American automobile business would suffer if Canada and Mexico are forced to pay US tariffs. The final word goes to Alexander Wehr, President and CEO of BMW Group Mexico: The NAFTA renegotiation, the opening of new plants, the adaptation of autos to the new safety regulations and the challenge of re-activating sales after a period of downfalls are going to define this year for the auto market in Mexico”.

Get in touch with NAPS or contact us at (800) 551-8581 these days to learn much more on how we can assist in expanding your automotive manufacturing operations to Mexico. Join numerous automobile makers in Mexico these days. U.S. based automotive companies can’t discover sufficient skilled people to fill the thousands of job vacancies obtainable, therefore the U.S. has a trade deficit with Mexico.

Coface downgraded its assessment for the Mexican automotive business from medium risk” to higher risk” in December 2017, following the US Presidential Elections, in part due to the sector’s exposure to prospective NAFTA adjustments. The automobile business has been a focus as the Trump administration rolls out tariffs on Mexico and Canada. But Rodríguez, who graduated in economics and business administration at Mexico’s prestigious Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), has been arranging for several years to improve the function the business does for the automotive sector.

Bosch Group Project Manager For The Automotive Industry In Mexicomexico automotive industry map

mexico automotive industry associationMEXICO CITY—By attacking the North American Totally free Trade Agreement, promising a U.S.-Mexico border wall and embracing protectionist policies, President Trump has managed to dent Mexico’s auto business more than the final year. 42 Automotive News (2011a) listed the 10 most productive plants … Read More