NAFTA negotiations are still on the table but the industry seems strong enough to keep growing in Mexico.
It is not the sector that invests more in the country, nor the most competitive. Yet, Mexico seems to be infatuated with the automotive industry according to a journalist’s opinion.
Mexican vehicle production rose 17.3% in May at a year-on-year rate while exports climbed 13.9%, according to the Mexican Automotive Industry Association (AMIA).
Auto part manufacturers could uncover their strengths rather than be hurt by the renegotiation of NAFTA.
Queretaro attracts two new investment projects from the automotive industry, resulting in 800 new jobs. The new companies arriving to the region are the German, Prettl and the Dutch, Visscher Caravelle.
One of the greatest challenges electric cars face is the vehicle’s range, which is largely proportional to the energy capacity of the battery.
BMW may be planning to launch an all-electric sedan later this year, hoping to take on Tesla.
Class-8 used truck sales volumes experienced an unexpected rebound in May.
Cybersecurity push may tie up autonomous-car legislation. Automakers, senators at odds over best approach.
A young female engineer is spearheading Jaguar Land Rover’s drive towards car autonomy and has been named the British motor industry’s female star of the year.