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According to INEGI figures, in 2021, Mexico produced a total of 2,979,276 light vehicles and according to forecasts from various firms and statistical sites such as IHS Markit and Statista, in 2022 production could increase to between 3.1 and 3.4 million units, depending on market movement and the development of the global semiconductor supply crisis, which is still expected to continue…
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The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic. The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the…
The most recent report from Directorio Automotriz detailed that Guanajuato attracted more than 26 projects for new plants or expansions, making it the state that attracted the most investment in the automotive sector in all of Mexico during 2021. The report details that during the 4Q of 2021, 21 investment projects were received in the sector, coming from 10 countries. Of these, 8 correspond to…
After commenting that in the last 10 years Mexico has worked on market diversification and that as a result South America, Brazil, Argentina and Colombia represent the second most important market for the automotive sector, after the United States, the Executive President of the National Auto Parts Industry (INA), Óscar Albín Santos referred to this state, which, he said, is attractive for…
Mexico increased the value of its auto parts production by 10.3% between 2011 and 2012, displacing South Korea as the fifth largest global manufacturer of automotive parts and components. Mexico's main advantage over Asia was the diversification of sales, since while the bulk of South Korea's auto parts production is for its assembly plants (such as Hyundai, Kia and SsangYong), Mexico serves…