1. automotivelogistics.media

    Oct 31, 2024Trump's tariff threats could upend North America's auto supply chain. ... acknowledging its critical role in Mexico's economy," noted Rice. "However, there are ongoing challenges in labour compliance, infrastructure and customs efficiency. ... the company generated sales of $4.2 billion in Mexico across four business sectors: Mobility ...
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  3. Nov 4, 2023The USMCA requires that 75 percent of a vehicle's content (70 percent for heavy trucks) be produced in North America, and that core auto parts originate from the United States, Canada, or Mexico. Following a phase-in period ending in 2023 for vehicles and 2027 for trucks, only goods meeting these content requirements will receive duty-free ...
  4. automotivelogistics.media

    Nov 22, 2024Finished Vehicle Logistics North America; Automotive Logistics and Supply Chain Digital Strategies North America ... (and it remains to be seen how this is affected by the recent election of Donald Trump as returning president), Mexico has an open economy with 14 free trade agreements (FTAs) covering 50 countries that provides it with ...
  5. cargroup.org

    Mexican auto assembly capacity is projected to more than double between 2010 and 2020. This rapid growth is fuel by the investment infusion of $13.3 billion to move 3.3 million units of vehicle capacity from Japan, Germany, and South Korea to Mexico. This report highlights North American vehicle production trends, and demonstrates that while automakers and suppliers are attracted by Mexico's ...
  6. mexicobusiness.news

    Nov 7, 2024Mexico's auto industry set new records, producing 3.4 million units and exporting 2.9 million from January to October 2024. ... "The export of vehicles to the United States continues to reflect Mexico's position as a critical supplier within North America's automotive supply chain, with a regional content value of 33.1%, expected to ...
  7. mexicosmt.com

    Dec 8, 2024Auto parts manufacturing solidified its role as a cornerstone of Mexico's automotive ecosystem in 2024, with production reaching $126.1 billion—a 4.9% year-over-year increase. Over 90% of these exports were destined for the United States and Canada, driven by demand for components like electrical harnesses, engines, and transmissions.
  8. americanindustriesgroup.com

    Oct 9, 2024The USMCA, which replaced NAFTA in July 2020, has continued the process of economic integration among the U.S., Mexico, and Canada, reinforcing North America's position as one of the most competitive regions globally. Building on the foundation laid by NAFTA over its 26-year history, the USMCA has not only modernized trade policies but also ...
  9. scotiabank.com

    5 days agoLatin America. Latam Insights: Mexico—2024 Auto Sector Review ... more complicated trade relationship between Mexico and the United States due to Trump's stance on promoting the U.S. automotive industry, Mexico could be affected by the imposition of tariffs on the automotive sector. In this sense, the way to avoid a significant long-term ...
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