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  • Toyota considering a factory in Mexico
  • Mexico will produce more than 3 million automobiles: AMIA
  • China interested on investing in Tabasco projects
  • US companies interested on establishing in Juarez
  • Investments add to US$7 million
  • Airbus will train pilots in NL
  • Faurecia invested US$25 million in the expansion of their plant in Puebla
  • Safran reaching out for youngsters
  • Mexico’s Aerospace Industry growing at the same pace as China’s
  • Interest and confusion on the future of air cargo with the new Mexico City International Airport: Specialists
  • US$15.1 million allocated to Creel Airport
  • New Heil Tank Trailer plant in Mexico helps manufacturer answer market needs
  • Amistad Industrial Developers announced NEW DEVELOPMENT in Central Mexico!!
  • Industrial parks want Mexican companies
  • “Wave” of investments in the automotive area arriving to Mexico
  • Toyota pondering a new plant in Mexico
  • Chihuahua-New Mexico railway works will start with US$1 billion investment
  • First Audi suppliers coming to Tlaxcala
  • Prettl will build a new plant in Colon
  • German company expands investment in Aguascalientes
  • Domestic Auto Parts Industry could lose US$200,000

    The Mexican Association of Auto Parts Industry, Industria Nacional de Autopartes (INA), estimated losses for around US$200,000 in production if Argentina does not reconsider its decision to suspend the Agreement for Economic Complementation Agreement (ACE 55) it entered with Mexico. In an interview, Oscar Albin, Chairman, INA, said that this amount is not so relevant for the sector when compared to the MXP$65 billion in total production and taking into consideration that the largest portion of exports by this industry are made to the United States and Canada. Auto parts exports to Argentina did not represent a big market for Mexico, it is a lot smaller than Brazil’s, where fortunately auto parts exports quotas were not limited, as was done with automobiles”, he said. He pointed-out that the impact will be on original auto parts sold to assembly plants in Mexico that export to Argentina, sales that dropped around US$200,000, reducing also the amount of taxes paid.
    Source: Notimex | Date: 11/07/2012