Mexico offers opportunities in electromobility in several niches due to both new technologies and the lower production volumes required in the auto parts industry. Generally,
The U.S. government highlighted the benefits of the Rapid Response Mechanism (RRM) for settling labor cases under the USMCA. According to the State Department, as
The White House Trade Representative (USTR) released an estimate of U.S. content in vehicles assembled in Mexico and Canada. In the case of Canada, this
Companies have increased tariff payments on auto parts imported to the United States from Mexico and Canada. Of the total of these foreign purchases to
Auto imports to Mexico grew at double-digit rates over the last three years, according to data from the Ministry of Economy. On a global scale,
South Korea‘s exports (goods and services) accounted for 41.5% of that nation’s Gross Domestic Product (GDP) in 2023. In that year, these overseas sales were
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world,
Auto parts production in Mexico set a record in April 2024, reaching 10.949 billion dollars. According to a press release from the National Auto Parts
Grupo Carso reported that its auto parts sales recorded a 4.5% year-over-year decline in 2023. This result contrasted with the increase in Mexican auto parts
Germany-based Robert Bosch led the world’s auto parts sales in 2022, followed by Denso Corporation and ZF Friedrichshafen AG. Bosch primarily produces powertrain solutions, chassis
Mexico offers opportunities in electromobility in several niches due to both new technologies and the lower production volumes required in the auto parts industry. Generally,
The U.S. government highlighted the benefits of the Rapid Response Mechanism (RRM) for settling labor cases under the USMCA. According to the State Department, as
The White House Trade Representative (USTR) released an estimate of U.S. content in vehicles assembled in Mexico and Canada. In the case of Canada, this
Companies have increased tariff payments on auto parts imported to the United States from Mexico and Canada. Of the total of these foreign purchases to
Auto imports to Mexico grew at double-digit rates over the last three years, according to data from the Ministry of Economy. On a global scale,
South Korea‘s exports (goods and services) accounted for 41.5% of that nation’s Gross Domestic Product (GDP) in 2023. In that year, these overseas sales were
Mexican exports to Germany hit a record in 2023, growing 6% over 2022, to US$8.746 billion. Germany is the fourth largest economy in the world,
Auto parts production in Mexico set a record in April 2024, reaching 10.949 billion dollars. According to a press release from the National Auto Parts
Grupo Carso reported that its auto parts sales recorded a 4.5% year-over-year decline in 2023. This result contrasted with the increase in Mexican auto parts
Germany-based Robert Bosch led the world’s auto parts sales in 2022, followed by Denso Corporation and ZF Friedrichshafen AG. Bosch primarily produces powertrain solutions, chassis
