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The Mexican automotive industry with growth opportunities, despite the chips shortage

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Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner. During the press conference on the "Perspective of the Automotive Industry in Mexico", the specialist said that 27% of the GDP comes from advanced manufacturing, 90% of the manufacturing industry represents

Mexico is the world's fourth largest auto parts manufacturer

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At the end of 2021, Mexico was positioned as the fourth largest auto parts manufacturer in the world, according to information from the National Auto Parts Industry ( INA). Our country invoiced more than 94 million dollars in parts. Fourth largest auto parts manufacturer worldwide during 2021, according to the National Auto Parts Industry (INA). During this period, Mexico invoiced 94.778 billion dollars while Germany invoiced 87.224 billion dollars, which places Mexico above Germany. This increase is due to the fact that with the trade agreement between Mexico, the United States and Canada (T

Aguascalientes inaugurates innovation center for aerospace sector

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A center for industrial innovation in design and digital manufacturing for the Bajío aerospace sector (CIIA) was inaugurated on Tuesday in Aguascalientes, Mexico, to boost aeronautics companies in that country. The project involves the Government of the State of Aguascalientes, private companies and the Instituto Tecnológico de Aguascalientes on behalf of the academic sector. The new center joins the five already existing in Mexico to attract investments from private companies that will enable the strategic development of the aerospace sector, which already has a solid presence in states such

Automotive industry faces new crisis in Mexico: Russia-Ukraine conflict leads to lack of chips

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The possibility of a new crisis in the automotive industry in Mexico, not only in Coahuila, was warned by Tereso Medina Ramírez, who pointed out that he does not want this to lead to the dismissal of workers, but that there could be technical stoppages as happened during the pandemic. The state leader of the CTM in Coahuila pointed out that the situation that could cause this new alarm in the production of automobiles and trucks is the military intervention of Russia in Ukraine, where there is one of the largest semiconductor or chip production plants, a problem that has not yet been solved

Mexico: Magneti Marelli inaugurates its fourth plant

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With an investment of more than US$17 million, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico. These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs. During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new plant dedicated to the production of components for the automotive industry consolidates the attraction of investment and economic development opportunities in the state. Humberto Lopes, general manager of the plant, indicated that it is expected that within two years

Automotive sector - Northern region remains strong

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The northern region ( Chihuahua, Coahuila, Durango, Nuevo Leon and Zacatecas) was the area with the second largest number of projects and the first in cumulative investment amount, with US$2,456.6 million (+65.59% vs. 2020), mainly concentrated in the state of Coahuila, which received the largest investment in 2021 with the announcement by General Motors to transform its Ramos Arizpe complex into a production site for electric cars and their components, which represents an investment of at least US$1 billion. Coahuila was also the second largest attractor of projects, with 20 new investments

Audi, BMW and Mercedes seek suppliers in Mexico

By: Ivet Rodríguez The installation of Audi, BMW and Mercedes Benz-Infinit plants in Mexico is an opportunity to raise the level of automotive production in the country. However, on the road to premium quality, there are several challenges to overcome, such as the consolidation of a competitive supplier base. Armando Bravo, Director of the Center for the Development of the Automotive Industry in Mexico (Cediam), believes that in the start-up phase of their plants, these companies - with the exception of BMW, which already has a base of 64 suppliers in the country - will be supplied by imports

Investments in machinery fell in July

MEXICO CITY - In July of this year, Gross Fixed Investment in Mexico, which represents expenditures made on machinery and equipment of domestic and imported origin, as well as construction, fell 0.4 percent compared to the same month in 2012, its third annual rate decline. The National Institute of Statistics and Geography (INEGI) informed that this result was due to the reduction of 6.6 percent in construction expenses, which totaled eight months of annual rate declines, and to the increase of 11.5 percent in total machinery and equipment, its fourth annual increase. In a press release, the

PACKOLOGY 2013: Exposición de Tecnología para el Envasado y Procesamiento.

From 11 to 14 June 2013 at the Rimini Fairgrounds will take place the second edition of PACKOLOGY fair . The fair is organized by UCIMA (Unione Costruttori Italiani Macchine Automatiche per il Confezionamento e l'Imballaggio) and Rimini Fiera event dedicated to processing and packaging, with a special section on packaging materials. The exhibition is mainly addressed to specific targets or visitors who are end users of technologies coming from Italy, the Mediterranean area as well as Eastern and Western Europe. In addition to the exhibition, the organizers, with the support of a group of

Automotive does not expect growth from Tier 1 suppliers

After commenting that in the last 10 years Mexico has worked on market diversification and that as a result South America, Brazil, Argentina and Colombia represent the second most important market for the automotive sector, after the United States, the Executive President of the National Auto Parts Industry (INA), Óscar Albín Santos referred to this state, which, he said, is attractive for companies not only because of its geographical location, but also because of the quality of the labor force it offers. " It is very eloquent to know that Queretaro, despite the fact that it does not have a