Nota Destacada

Automotive and aeronautical sectors of Mexico will open by chains

The automotive and aeronautical sectors will open by chains, not by regions or municipalities, said Francisco Cervantes, president of the Confederation of the Industrial Chamber of Mexico (Concamin).

Despite its diversity, exports from the manufacturing sector continue to depend largely on the automotive industry and related industries, although the aeronautical industry has been developing rapidly in recent years.

«We are possibly thinking of restarting on May 17 in municipalities without COVID, where they do not have a neighborhood with municipalities that have affected people,» said President Andrés Manuel López Obrador last week.

The Mexican automotive industry is divided between the sector of passenger vehicles and heavy vehicles, for construction and for agriculture. Mexico is the sixth largest manufacturer of passenger vehicles in the world and produces almost four million cars a year.

North America produced 11 million 314,705 cars and commercial commercial vehicles in 2019, a year-on-year drop of 3.7%, according to statistics from the International Organization of Vehicle Manufacturers (OICA).

Broken down, the United States produced 10 million 880,019 units last year (-3.7%, year-on-year); Mexico, 3 million 986,794 units (-2.8%), and Canada, 1 million 916,585 units (-5.4 percent).

Automotive industry

Since December 2019, a new strain of coronavirus (SARS-CoV2, commonly known as COVID-19) has spread rapidly worldwide, with at least 150 countries and territories with confirmed cases, and on March 11, 2020, The COVID-19 outbreak was characterized as a pandemic by the World Health Organization (WHO). On February 28, 2020, Mexico confirmed its first case of coronavirus.

In general, the automotive industry is important due to the size, geographic scope and length of supply chains among the various suppliers of all sizes in the three countries.

At the same time, Mexico is the fifth largest manufacturer and exporter of heavy and specialized vehicles and parts in the construction and agriculture industries.