The automotive industry in Mexico is strategic worldwide, encompassing the manufacture of automobiles and auto parts. According to the Ministry of Economy, foreign direct investment is key to the development of the sector by operating 37 plants, 14 of which are of Japanese origin and 13 of U.S. origin. These assembly sites are the driving force behind Mexico's position as the fifth largest exporter of vehicles worldwide. In 2024 alone, 3,989,403 light vehicles were manufactured, representing an increase of 5.56% over the previous year. With a high level of exports to key markets such as the

The Italian polymer processing machinery industry is set to experience a 9% year-on-year decline in 2024, according to recent data released by the trade association Amaplast. Sales in 2024 are expected to reach approximately €4.35 billion, a decrease from the record €4.80 billion reported in 2023. This decline is largely attributed to a drop in export value, which fell by 9.4% from €3.59 billion in 2023 to €3.25 billion in 2024. Imports also saw a significant decrease of 15%, reflecting weaker domestic demand in Italy. Amaplast highlighted that these trends were partly a result of the post

In recent years, Mexico has experienced an increase in foreign investment in the development of industrial parks, driven by the nearshoring trend. According to a study by the consulting firm RCPH Servicios, between January 2023 and November 2024, China has led these investments with an approximate amount of 5 billion dollars, surpassing domestic investment and other countries such as Australia and the United States. This phenomenon has generated a growing demand for industrial space in Mexico. Official data indicate that relocation represented 35% of the absorption of these spaces in 2024

Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner. During the press conference on the "Perspective of the Automotive Industry in Mexico", the specialist said that 27% of the GDP comes from advanced manufacturing, 90% of the manufacturing industry represents

The country's capital was the main consumer of hybrid and electric vehicles in Mexico at the end of 2021, since of the 47,079 units sold with these technologies in the January-December period last year, 23.5% were sold in the CDMX, according to figures published by the Mexican Association of the Automotive Industry (AMIA). Based on the Administrative Registry of the Automotive Industry of Light Vehicles (RAIAVL) published by the National Institute of Statistics and Geography (INEGI), it indicates that the cumulative sales of hybrid and electric vehicles at the end of 2021 grew 92.9% in the

February was a month of mixed results for the automotive industry, on the one hand, with an increase in domestic production, but also a continued drop in exports, Inegi reported on Friday. In the second month of the year, 240,479 vehicles were manufactured in the country, which represented an increase of only 0.66 percent with respect to the same period last year, thus reversing a seven-month trend of annual contractions. However, Mexican car shipments abroad totaled 201,868 units, which represented a 5.66% contraction, adding eight consecutive months of annual rate declines. In its monthly

The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic. The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the production of automobiles and trucks is the military intervention of Russia in Ukraine, where there is one of the largest semiconductor or chip production plants, a problem that has not yet been solved

With an investment of more than US$17 million, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico. These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs. During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new plant dedicated to the production of components for the automotive industry consolidates the attraction of investment and economic development opportunities in the state. Humberto Lopes, general manager of the plant, indicated that it is expected that within two years

Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC). Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate. The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers. Foreign purchases by the U.S. automotive industry from around the world totaled 348.347 billion dollars in 2021, an 11.8% year-over-year increase. With this, Mexico's market share was 36.9%, its all

With 62 projects and 1,093.17 million dollars in investments, the Bajío region (Aguascalientes, Guanajuato, Querétaro and San Luis Potosí) continues to be the automotive zone with the greatest movement and dynamism in the country. In 2021, the Bajío recovered 17,643 jobs and accumulated more than 2.8 million square meters of construction of automotive plants and new industrial park projects for the sector. . Guanajuato maintained its leading position in attracting investment in the sector with US$497.17 million during 2021, although it registered 35% fewer projects than in 2020 (when 40