Mexico's Automotive Industry Accelerates to 7-Year High 🚗 Mexico's automotive sector saw its best November since 2016, with 147,971 units sold, up 14.3% year-over-year. Nissan, General Motors, and Volkswagen led the market, while new players like Chinese automaker Foton made a significant impact. Key trends include rising demand for electric and hybrid vehicles, sales resilience post-pandemic, and a strong finish expected for 2024. Stay ahead of the curve and explore the full analysis on Mexico Business News
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The Mexican automotive industry rode a roller-coaster in 2016. While sales numbers soared beyond all-time records, the macroeconomic landscape hit manufacturing and exporting operations. New investments brought by KIA and Audi in the second half of the year barely countered the impact of low oil prices and currency volatility that led to production cuts. Despite the ride, the country held its position as the seventh-largest vehicle manufacturer and the fourth most important exporter. As Mexico moves toward a production goal of 5 million vehicles by 2020, boosting the nation’s advantages becomes more important than ever. With further investments to come, there is a need for better infrastructure and more efficient manufacturing processes. The introduction of the TPP agreement will bring new business opportunities but it will also require the country to increase its competitiveness against other manufacturing hubs. Mexico is destined to strengthen its position in the global automotive supply chain based on a highly skilled workforce, experienced and skilled auto parts suppliers and a stable environment. Mexico Automotive Review provides necessary insight into the industry’s evolution, providing in-depth perspectives from the leaders and key stakeholders shaping the sector.
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https://mexicobusiness.news/automotive
Enlace externo para Mexico Automotive
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- Edición de libros, periódicos y revistas
- Tamaño de la empresa
- De 2 a 10 empleados
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- Juárez, Federal District
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- Empresa pública
- Fundación
- 2013
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Paseo de la Reforma 180
Juárez, Federal District 06600, MX
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The Biden administration has approved California's plan to ban new gas-powered car sales by 2035, accelerating the shift to zero-emission vehicles. This approval not only impacts California but will also influence vehicle emission standards across 20 other states. Follow @MXBusinessNews for more insights on the automotive industry https://lnkd.in/eHpPV8HG
Biden Approves California's 2035 Ban on Gas-Powered Cars
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Tesla recalls nearly 700,000 vehicles in the United States due to a tire pressure monitoring system defect, affecting Model 3, Model Y, and Cybertruck 🔗 Discover more here: https://lnkd.in/efaDG3Hs
Tesla Recalls 700,000 Vehicles Over Tire Pressure System Issue
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Volkswagen and its union have agreed to keep all German factories open and secure jobs through 2030 amid competition and slow EV adoption Read the full article on Mexico Business News. https://lnkd.in/e2a4N9sq
Volkswagen, Union Agree to Keep German Plants Open Until 2030
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Guillermo Guadarrama, founder of AutoChilango, is transforming the automotive sector with Nexcar. This AI-powered platform automates vehicle inspections and document validation, reducing errors, streamlining processes, and combating fraud. Backed by significant investment, Nexcar is collaborating with key industry players to refine and scale its innovative solution. 🔗 Read the full article on @MXBusinessNews https://lnkd.in/esdGB7Bs
Nexcar Tackles Auto Fraud with AI Inspection Automation
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🔋Soriana and FAZT have partnered to create Mexico’s largest ultra-fast EV charging network, with 1,000 stations planned by 2030. 🔗 Read the full article here: https://lnkd.in/etVE4m8e
Soriana, FAZT to Launch 1,000 Ultra-Fast EV Stations by 2030
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Red Ambiental upgraded its waste collection fleet in Nuevo Leon, projecting it will collect around 200,000 tons of waste annually. 🚛Read the full article: https://lnkd.in/eWtJikKd
Red Ambiental Upgrades Fleet, Projects 200,000 Tons Annually
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Waymo is expanding globally by bringing its self-driving technology to Tokyo, marking a key milestone after operating mainly in US cities like Phoenix and San Francisco. 🔗 Read the full story here: https://lnkd.in/eCzKt2x7
Waymo Expands to Tokyo, Taking Self-driving Tech Global
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Siemens and Oracle Red Bull Racing marked 20 years of partnership, with Siemens' Xcelerator software transforming Red Bull's design and manufacturing processes. 📌 Read the full story now: https://lnkd.in/eg6tV-rf
Siemens, Oracle Red Bull Racing Mark 20 Years of Partnership
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Continental plans to spin off its Automotive sector and sell its OESL unit under ContiTech, with completion expected by the end of 2025. Philipp von Hirschheydt, head of the Automotive group sector, will lead the new independent company, which will operate under a new brand. 🔗 Read the full article on Mexico Business News https://lnkd.in/eHBUqCSn
Continental to Spin Off Automotive, Sell OESL by 2025
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