Last week was sort of a whirlwind. Between Trump taking over the world, accusations against the media and protests in the country against the gasoline prices, it is easy to miss important headlines. That is why, in case you missed last week’s news, Mexico Automotive Review brings you the most relevant headlines of the industry.
- The Mexican automotive industry is under the spotlight thanks to Trump.
- Every OEM generates an important business ecosystem. Take a look at everything Toyota brings to the Bajio region.
- A complicated position:
- GM’s announcement of a US$1 billion investment in the US and the creation of 100 jobs in the US does not affect the rest of the company’s plans in Mexico.
- BMW reinforced its commitment with the Mexican automotive industry.
- More news related to gasoline prices and hybrid vehicles:
- If you were planning to buy a hybrid vehicle, it could take you up to 22 years to amortize the vehicle’s cost.
- Still, Mexico City is the main destination for “green vehicles”.
- Mexican retaliation against Ford continues (though it is not a smart move), this time the state of Campeche assured that they will no longer buy Ford vehicles.
- Despite Trump, Mexico is still in the top ten most attractive countries for investment.
- Trump appears to have given up on a border adjustment tax.
- German automakers push back on Trump’s remarks about Mexico, taxes and buying American cars.
We know that we are living times of uncertainty but information always sheds light. If you want to understand more about Trump’s impact on the Mexican automotive industry, you should read “As President Trump Arrives, Should Automakers Worry?” by Industry Analyst Alejandro Salas.