The relevance of Mexico’s automotive industry has consistently grown since 1998.  At the end of the 90s, the Latin American country assembled slightly over 500 thousand vehicles per year.  In 2015, the vehicle production soared to 3.2 million vehicles. In the past 17 years, the number of exported vehicles grew from 172 thousand units or approximately 1/3 of the production, to 2.6 million units or 4/5 of the production. 
In 2015, Mexico became the leading Latin American automotive producer, the world’s seventh largest producer and the fifth largest exporter of vehicles.  
Ten to fifteen thousand parts are required to assemble a motor vehicle and Mexico-based OEMs are only able to supply a limited percentage of these components.  The business opportunities for foreign parts manufacturers are abundant, including the opportunities for technology providers.
In order to facilitate partnership between Mexican automotive companies and Italian parts and technology suppliers, Machines Italia Mexico and the Italian Trade Agency’s Mexico City office will participate in the Simposio Y Exposición Manufactura De Autopartes.  The 5th edition of the automotive industry focused event will take place in Querétaro, QE, from August 23 to 25, 2016.  The program of the event includes technical conferences and seminars with speakers from around the world as well as a trade show area of 60 thousand square feet and 140 exhibitors.  The Simposio is expected to draw 1,500 attendees. Additional information on the Simposio can be found online at http://www.manufacturadeautopartes.com/.  To inquire about the Machines Italia Mexico’s initiative, please contact mexico [at] machinesitalia.org (subject: Machines%20Italia%20E-newsletter) .