In case you missed last week’s news, Mexico Automotive Review brings you the headlines that grabbed the media attention.
- Despite 2017’s gloomy perspectives, there are two OEM singing a different tune
- Hyundai expects to grow 20 percent in the country during 2017.
- Toyota expects to sell 7,000 units of its hybrid model Prius, in Mexico in 2017.
- GM and KIA helped increase Mexico’s total exports figures in 9.6 percent.
- Sports’ cars registered an historic 32 percent growth rate in sales in Mexico between January and November 2016 due to stable prices.
- During 2016’s third trimester, Mexico City registered an 8.9 percent increase in car sales.
- Good news for San Luis Potosi
- It is the only city that will host three different OEMs: GM and very soon BMW and Ford.
- Heavy vehicle production in Mexico accounts for MX$76 billion, representing 42 percent of the total manufacturing industry in the state
If the mountain won’t come to Muhammad then Muhammad must go to the mountain. That seems to be the logic behind Rassini, the Mexican auto part company’s decision of moving its production to Ford’s facilities in Michigan, US.
- VW is catching up with Uber. As of 2017, the German OEM will offer shared rides with new company, Gett.