• Sun. Oct 1st, 2023
Mexico’s auto parts sector is key for the United States

MEXICO – In 2022, the manufacturing worth of the automobile elements sector will wreck information with a turnover of greater than US$101 billion. The marketplace will growth because of the tax credit that the US will grant for the acquisition of electrical automobiles.

America Division of Trade (USDOC) commented that Mexico is vital for the transition to electromobility. Consistent with USDOC data, it sees robust alternatives for Mexico in unique apparatus elements, aftermarket and electrical automobile elements.

Mexico has a prime stage of competitiveness within the manufacturing of automobile elements, with Mexican firms corresponding to Katcon, Metalsa, Vitro, Rassini, Sisamex KUO and Nemak, an increasing number of internationalized, whilst the rustic is the main international provider of car elements to the US.

Even if Mexican auto elements manufacturing fell to US$78.4 billion in 2020, it recovered to US$94.7 billion the next yr. This yr it’ll wreck information by means of exceeding 101 billion greenbacks.

As well as, we should upload the rumor that Tesla would arrange a manufacturing plant in Nuevo Leon as some of the anticipated information for 2023 and with this, electromobility can be boosted much more in Mexico.

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