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Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Assemblers like Mexico

    Mexico City— Mexico has become so attractive for investments in automotive sector that it outdid Canada as production and export center in North America, according to Wards Auto Consultants Firm. Wards Auto estimates that vehicles production in Canada will remain the same in the next 6 years, while production in Mexico will keep on growing due to decisions made by several assemblers to expand their production capacity here. Canada has capacity to produce 3 million vehicles every year, but in 2012 such figure is expected to drop to 2.5 million units, because General Motors is consolidating operations from two plants in only one plant. As a matter of fact, vehicles production in Mexico is expected to reach 3 million units in 2014 and continue growing in the following years.
    Source: Reforma | Date: 01/08/2012