The Mexico-U.S.-Canada Agreement (USMCA), in addition to product-specific rules, incorporates a Labor Value Content (LVC) requirement for automotive goods. Under this requirement, passenger cars and
Mexico, among a few other countries, did not experience real wage growth associated with increased use of robots (automation), highlights a report released by the
Mexico has signed numerous trade agreements, from sectoral to other deep trade integration agreements, according to information from the World Trade Organization (WTO). Among others,
Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food;
Among its sectoral programs, the Banco Nacional de Comercio Exterior (Bancomext) supports companies exporting to the Mexico-United States-Canada Trade Agreement (USMCA) region. In particular, Bancomext’s
Mexico captured 1.941 billion dollars of Foreign Direct Investment (FDI) in the car and truck production in the first half of 2022, which implies an
Input shortages have hampered U.S. manufacturing output for many months, especially in the automotive sector, the Federal Reserve (Fed) exposed. Overall, total industrial production trended
Canada offers business opportunities in the automotive sector, especially as the Canadian government aims to achieve carbon neutrality by 2050, noted the U.S. Department of
In 2021, U.S. motor vehicle production of cars and light trucks exceeded 13.1 million units, reaching 69% of total North American production. This is the
The lack of forms for certification of origin in the automotive sector under the Mexico–U.S.–Canada Agreement (USMCA) creates inefficiencies in the regional industry, said the
The Mexico-U.S.-Canada Agreement (USMCA), in addition to product-specific rules, incorporates a Labor Value Content (LVC) requirement for automotive goods. Under this requirement, passenger cars and
Mexico, among a few other countries, did not experience real wage growth associated with increased use of robots (automation), highlights a report released by the
Mexico has signed numerous trade agreements, from sectoral to other deep trade integration agreements, according to information from the World Trade Organization (WTO). Among others,
Mexico‘s Ministry of Economy included electromobility as part of five strategic sectors it selected in its new industrial policy. The other four sectors are: agri-food;
Among its sectoral programs, the Banco Nacional de Comercio Exterior (Bancomext) supports companies exporting to the Mexico-United States-Canada Trade Agreement (USMCA) region. In particular, Bancomext’s
Mexico captured 1.941 billion dollars of Foreign Direct Investment (FDI) in the car and truck production in the first half of 2022, which implies an
Input shortages have hampered U.S. manufacturing output for many months, especially in the automotive sector, the Federal Reserve (Fed) exposed. Overall, total industrial production trended
Canada offers business opportunities in the automotive sector, especially as the Canadian government aims to achieve carbon neutrality by 2050, noted the U.S. Department of
In 2021, U.S. motor vehicle production of cars and light trucks exceeded 13.1 million units, reaching 69% of total North American production. This is the
The lack of forms for certification of origin in the automotive sector under the Mexico–U.S.–Canada Agreement (USMCA) creates inefficiencies in the regional industry, said the
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