The United States, China (including Taiwan) and the United Kingdom ranked as Ford Motor Company’s top markets in 2022, according to the company’s own data.
U.S. car and truck production recorded year-on-year growth of 10.2% in 2022, to 10 million 060,000 units, according to data from the Federal Reserve. 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
South Korea‘s automotive industry remains concentrated, so that the three main manufacturers (Hyundai, Kia and GM Korea) together account for 92.3% of total production, according
Intra-regional trade in the region of the Treaty between Mexico, the United States and Canada (USMCA) was 39.2% of the total trade of the three
Mexico registered a 13.9% inter-annual growth in its exports of transportation equipment (motor vehicles, airplanes, ships, etc.) in the second quarter of 2022, to 46.353
Mexico‘s industrial parks have increased their occupancy levels as a result of nearshoring, according to the Ministry of Finance. According to the Mexican government, the
The seafarers’ crisis resulting from the Covid-19 pandemic complicated shipping operations worldwide. Due to the blockade, border closures and other restrictive measures, as many as
The United Nations Conference on Trade and Development (UNCTAD) recommended reducing speed limits for cars and trucks. Nearly 60% of the world’s oil supply is
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
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