Mexico has become a significant export base for Japanese manufacturers
- Mexico, eighth world car producer in 2013, just behind Korea (5th), India (6) and Brazil (7th) has always been a export base for U.S. carmakers (GM, Ford Chrysler) and Volkswagen, but this Latin American country is now becoming a significant export base for Japanese manufacturers for small cars (marketed for both North and South America).
- In 2005, the production proportion of Japanese manufacturers in the Mexican automobile production represented 25%. It increased to 27% in 2013 and should soon exceed 30% due to the increased capacity of Nissan (700 000 to 900 000 units), Honda (100 000 to 300 000 units) and Mazda (0 to 140 000 units).
- The capacity of all the Japanese manufacturers in Mexico will therefore go from 900 000 units in 2013 to 1 440 000 in 2014, representing an increase of 60%. This means that the Japanese believe in the potential of the Mexican market, but also and especially in the potential of North and South America whose registrations reached 25 million vehicles in 2013, against 23 million in 2005, 4 times more than in Japan.
- Mexico will become a hub from where vehicles will leave towards the two regions of this continent. Thus, this country could exceed a production volume of 3.5 million units from 2015 to 2016.