Hola everyone!
This is Augusto from TCF Mexico.
In recent years, the lion’s share of Japanese manufacturing investment in Guanajuato is tied to its burgeoning automotive sector Guanajuato has become a Mexico Center for the Japanese living and working in Mexico. Japanese companies currently have facilities in Guanajuato, and 50 more are projected to set up production capacity in the state in the foreseeable future.. In the aggregate, automotive and automotive related manufacturing companies have invested seven billion US dollars in Guanjuato, and have generated approximately eighty-thousand jobs.
As a result, as is the case throughout Mexico, Guanajuato is experiencing a significant expansion of the Mexican middle class.
In addition to Japanese automotive companies such as Mazda and Honda, investment by other OEMs that include non-Japanese OEMs such as Volkswagen and GM have made Guanajuato one of their firms’ Mexico manufacturing centers, as well. While Guanajuato is becoming the Mexico manufacturing center for the global automotive industry, Detroit is gradually becoming a global design center.
