
Automotive Import Substitution: Plan Mexico
The Mexican government plans to increase domestic content by 15% through automotive import substitution. This objective is to be achieved through the substitution of imports

The Mexican government plans to increase domestic content by 15% through automotive import substitution. This objective is to be achieved through the substitution of imports

The openness of the automotive sector in the CPTPP has a wide range of regulations and a relief program with exceptions. According to a World

Mexican auto parts company Nemak supplied more than 200 different engine components in 2023. Nemak is part of a leading group of Mexican automotive parts

Seven of the world’s leading motor vehicle producers recorded declines at quarter-on-quarter rates in the first quarter of 2024. Globally, the automotive sector experienced a

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

The electric battery market for new energy vehicles in China is not only the largest in the world, but is growing at double-digit rates. According

China‘s Geely Automobile achieved a 38% year-on-year increase in car sales in 2023, to 274,101 units. In addition to its Geely brand, these sales include

Imports of capital goods to Mexico from China accounted for 61.66% of total Mexican merchandise imports in 2021, according to the most recent data available

The U.S. economy’s gross and actual automotive production of vehicles and parts has returned to long-term growth trends, according to the American Automotive Policy Council

China has become the largest new energy vehicles market in the world. According to the forecast of Equal Ocean, a well-known research institution in China,

The Mexican government plans to increase domestic content by 15% through automotive import substitution. This objective is to be achieved through the substitution of imports

The openness of the automotive sector in the CPTPP has a wide range of regulations and a relief program with exceptions. According to a World

Mexican auto parts company Nemak supplied more than 200 different engine components in 2023. Nemak is part of a leading group of Mexican automotive parts

Seven of the world’s leading motor vehicle producers recorded declines at quarter-on-quarter rates in the first quarter of 2024. Globally, the automotive sector experienced a

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

The electric battery market for new energy vehicles in China is not only the largest in the world, but is growing at double-digit rates. According

China‘s Geely Automobile achieved a 38% year-on-year increase in car sales in 2023, to 274,101 units. In addition to its Geely brand, these sales include

Imports of capital goods to Mexico from China accounted for 61.66% of total Mexican merchandise imports in 2021, according to the most recent data available

The U.S. economy’s gross and actual automotive production of vehicles and parts has returned to long-term growth trends, according to the American Automotive Policy Council

China has become the largest new energy vehicles market in the world. According to the forecast of Equal Ocean, a well-known research institution in China,