/ Industry, News / Mexico, a new hot spot for car manufacturers

Mexico, a new hot spot for car manufacturers

Linked In Share
Mexico, a new hot spot for car manufacturers

More and more carmakers are planning or already making automobiles in Mexico, a country where quality production and lower costs go together smoothly.

Mexico’s automobile production is on track to reach a record 2.86 million units in 2012, according to researcher LMC Automotive quoted by Bloomberg. But more is on the way, as Honda is building its first large assembly plant in Mexico, Nissan adds a third factory, Ford produces midsize sedans and Audi opens the country’s first luxury vehicle plant in 2016. Add to that Toyota’s plan to source cars from Mazda’s Mexican plant starting in 2015 and the picture is crystal clear.

Mazda agreed to build a Toyota-branded subcompact car based on the Mazda2 hatchback at a $500 million plant the Japanese company is building in the central state of Guanajuato. The factory will supply Toyota with 50,000 units of the vehicle annually when production begins in mid-2015.

Mexico’s reputation for quality manufacturing and the country’s trade agreements covering 44 countries also make it an attractive export platform to ship cars to South America, Asia and Africa as well as the U.S. and Canada.

However, automakers in Mexico can face costs that cancel out the benefits, one being the cost from shipping cars to international markets. Another is drug-related violence which has claimed 57,449 lives since December 2006.

by Dan Mihalascu (my Google+) - Wednesday, November 14th, 2012 - filed under Industry, News. Image credit: .
Linked In Share
Related Articles
Audi automobile production Ford Honda Mazda mexican automobile mexico mexico auto industry mexico plant mexico production Nissan Toyota


Discuss: Mexico, a new hot spot for car manufacturers

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Britain and Germany go to war
Britain and Germany go to war1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of Schumacher but loses the ...
Dodge Challenger SRT Hellcat to start production this fall
Dodge Challenger SRT Hellcat to start production this fallDodge has recently announced the production start of the new Challenger SRT Hellcat this fall. One of the hottest muscle cars ...
Renault Koleos to get a second generation
Renault Koleos to get a second generationRenault is planning to introduce a second generation of the Koleos as the model in question is said to be officially introduced ...
[VIDEO] Volvo detailing new XC90’s equipment
[VIDEO] Volvo detailing new XC90’s equipmentThe Swedish based automaker Volvo has released several videos in which the equipment found on the new generation of the XC90 is ...
Here’s your original Mini in Lego style
Here’s your original Mini in Lego styleThe original Mini – penned by Sir Alec Issigonis and released by the British Motor Corporation in 1959 – is now available as ...
Smart actually plans ForTwo Cabrio, Brabus and Electric
Smart actually plans ForTwo Cabrio, Brabus and ElectricDaimler’s brand Smart is planning to introduce Cabrio, Electric and Brabus versions of the recently unveiled ForTwo city ...
GM’s European operations managed by the new Opel Group
GM’s European operations managed by the new Opel GroupGeneral Motors, which is pulling the Chevrolet brand out of Europe as part of its strategy to streamline the region’s business ...
Toyota Cross Auris gets spied for the second time
Toyota Cross Auris gets spied for the second timeOur spy photographers have managed to capture the new Toyota Cross Auris on camera for the second time as this was being tested ...
2015 Mazda2 MPS rendered
2015 Mazda2 MPS renderedThe first rendering with the 2015 Mazda2 MPS has recently hit the web and it might preview the top of the line version of the ...
TechArt introduces first Porsche Macan upgrades
TechArt introduces first Porsche Macan upgradesThe aftermarket specialists from TechArt have recently announced the introduction of the first upgrades for the Porsche ...
[VIDEO] 2015 Hyundai Sonata gets tested out by IIHS
[VIDEO] 2015 Hyundai Sonata gets tested out by IIHSThe 2015 Hyundai Sonata has been recently crash tested by the IIHS and it managed to achieve the highest designation, Top Safety ...
[VIDEO] Bentley Continental GT Speed gets tested out by Auto Express
[VIDEO] Bentley Continental GT Speed gets tested out by Auto ExpressThe guys from Auto Express have recently taken out the Bentley Continental GT Speed for a spin as the model has been taken almost ...
NHTSA has not suffered from the GM safety mayhem
NHTSA has not suffered from the GM safety mayhemSince February, General Motors has been involved in one of the two major safety scandals in the automotive industry, with the ...
Australia – Subaru XV Black Edition introduced
Australia – Subaru XV Black Edition introducedSubaru Australia is expanding the XV lineup by adding the Black Edition to the SUVs range where the model in question has been ...
US electric sales continue to expand
US electric sales continue to expandWhile battery electric cars, hybrids and plug-in hybrids have not yet triggered the expected green transportation revolution; ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Mini_legoP90155673_highRes
Spied Toyota Cross Auris 01
porsche macan tuning techart 1
one-off Jaguar F-Type R Coupe tour de france 2014 1
Nero-Ferrari-LaFerrari-1
bmw 3-series jaguar xe camouflaged promotes 1
srt viper convertible prefix medusa tuning 1
2015 mitsubishi pajero facelift 1
2015 kia sorento teaser 1
2015 buick envision 1
Nissan Juke 80th Special Color Edition 1
Mercedes ML Coupé 01-2

More automotive from inautonews
1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of Schumacher but loses the car at the first corner, much to the delight of the German crowd that witnesses their homeboy's triumph. 2014, at the new Hockenheimring. Another Briton falls at the ...
read more
Inautonews Editors Section
Britain and Germany go to war
Britain and Germany go to war1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of Schumacher but loses the car at the first ...
Racing tracks – sleeping pill or energy drink?
Racing tracks – sleeping pill or energy drink?The racing weekend took us across the whole world last weekend, with dull or spectacular racing being influenced not only by the quality of the ...
Preview – 2014 German Grand Prix
Preview – 2014 German Grand PrixThe old mighty 7km-long Hockenheimring was built in 1932, and it was true madness, as close as you can get to AVUS. When Jim Clark died here, on the ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety [VIDEO] 2015 Hyundai Sonata gets tested out by IIHSThe 2015 Hyundai Sonata has been recently crash tested by the IIHS and it managed to achieve the ... NHTSA has not suffered from the GM safety mayhemSince February, General Motors has been involved in one of the two major safety scandals in the ...
Safety Section