Mexico doubled number of automakers in three years

Mexico doubled number of automakers in three years


This will allow to produce more cars than South Korea and Brazil to 2020

Between 1964 and 2008 were installed 12 light vehicle assembly plants in Mexico. Ford, Volkswagen, Nissan, General Motors, Honda, Chrysler and Toyota entered the country over these 44 years. Then came four years of productive withdrawal due to the economic crisis, withdrawal that ended in 2012 when began a wave of announcements, eight so far.

Thanks to this sudden craze for investing in Mexico, in a decade practically have doubled the number of assembly plants installed in the country, from 12 in 2008 to 20 in 2019.

This growth is inserted into a trend in the industry dictates 'produce where is consumed', to lower production costs and reduce delivery times. In line with this, companies have chosen Mexico as a production base to supply the NAFTA region, mainly to the United States, a market that consumes 15 million new vehicles a year, said Armando Bravo, director of the Center for Development Automotive Manufacturing in Mexico (Cediam).

Mexico ranked in 2013 as the eighth automaker worldwide, behind China, US, Japan, Germany, South Korea, India and Brazil. However, with the opening of new plants could climb two positions and overtake India and Brazil by 2020, according to the consulting firm IHS Automotive.

In 2013 were inaugurated Chrysler, Nissan, Mazda and Honda plants, in 2016 will start Audi and Hyundai plants (where Kia models will be assembled), one year after the Renault- Nissan Alliance and Daimler (for Mercedes Benz and Infiniti) and in 2019 will open BMW.

Between 80 and 90% of car production achieved in 2020 will go to export markets, mainly to United States -7 of 10 cars are currently exported to this market-, Latin America, Europe and Asia.

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Source: http://www.manufactura.mx/automotriz/2014/10/23/mexico-duplico-el-numero-de-armadoras-en-3-anos

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