Hola a Todos!
This is Augusto Corallo from Mexico City.
Concerning heavy vehicles, Mexico was the leading supplier of commercial vehicles to the United States. Mexico had an 85% share of imports value to the United States in the commercial vehicle segment, exceeding Canada in that year.
Mexico is the world’s eighth car, truck, part and component producer. It’s main export market is still the United States, even when in recent years, several markets, such as many Latin American countries, have increased their share in Mexican exports.
The Automotive and auto-part sectors in Mexico accounted for 20.8% of total foreign direct investment (FDI)3. This reiterates the country’s appeal as one of the sector’s investment destination.
Investments announced between 1999 and 2013 by automaking companies established in Mexico reached more than 30 billion dollars, with the leading investors being General Motors, Chrysler, Daimler, Ford, Volkswagen, , Nissan and Mazda3.
The automotive and autoparts sector in Mexico has been driven by the productive presence of the top ten (light and heavy) vehicle assembly companies in the world, such as General Motors, Ford, Chrysler, Volkswagen, Nissan, Honda, BMW, Toyota, Volvo and Mercedes-Benz.
Most of the assembly companies in Mexico have autoparts companies located around their vehicle plants to comply with supply and delivery deadlines.
