Mexican production (PC + LUV): in 2016 and future
- Mexico has gradually become one of the world's leading automobile producing countries.
In 2016, it will be the seventh largest producer, behind India and South Korea, and reach for the first time the 4 million vehicles produced (against 3 million in 2012 and 1.5 million in 2009).
In 2016, it will be the seventh largest producer, behind India and South Korea, and reach for the first time the 4 million vehicles produced (against 3 million in 2012 and 1.5 million in 2009).
- Mexico has benefited from the strategy of US car groups who have launched new models there and transferred the production of several models from Canada.
- Mexico has especially benefited from the implementation of new carmakers (European, Japanese, Korean)
who wished to have access to one of the world's leading markets (NAFTA) without paying the high US nor Canadian labour costs.
The Renault-Nissan group is the largest producer in Mexico. GM and Ford are still very present in Mexico (30% of Mexican production), but Europeans (48% of Mexican production) are supplanting them since the takeover of Chrysler by Fiat in 2011. And the imminent arrival of Audi, BMW and Mercedes will amplify the gap.
Japanese (20%) arrived more recently (in the 2000s), Korean (2%) even more recently (in 2016).
who wished to have access to one of the world's leading markets (NAFTA) without paying the high US nor Canadian labour costs.
The Renault-Nissan group is the largest producer in Mexico. GM and Ford are still very present in Mexico (30% of Mexican production), but Europeans (48% of Mexican production) are supplanting them since the takeover of Chrysler by Fiat in 2011. And the imminent arrival of Audi, BMW and Mercedes will amplify the gap.
Japanese (20%) arrived more recently (in the 2000s), Korean (2%) even more recently (in 2016).
- Mexican production is very dependent on the US market (almost half of Mexico's production is sold in the USA and this share will further increase in 2020)
- Inovev forecasts a temporary production decline from 2018, as a consequence to the expected decline in US market between 2017 and 2020.
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