Despite a generalized drop in sales across the country, some companies are growing. Mexico Automotive Summit 2017 took place on November 9th, attended by several hundred key decision-makers of the automotive industry that presented their views on the industry’s growth challenges, technology and innovation strategies.

Source: Pixabay

National:

The US receives 84 percent of Mexico’s automotive exports. High dependency poses a risk: El Economista.

AMDA: Car sales to drop up to five percent in 2017: El Economista.

AMIA and AMDA: Light vehicles sales drop 10.2 percent compared to 2016: Expansión.

Huachicoleros break “ordeña” record in 2017: El Universal.

31 percent of Mexicans use up to two transportation means to reach their destinations: Transporte.mx.

Nissan Mexicana to implement strategies to turn around sales drop: Expansión.

Harley Davidson introduces new motorcycle lines: El Financiero.

Industry 4.0 in the automotive industry will attract more investments: El Economista.

General Motors, Ford, Nissan and VW are the automotive companies growing despite sales drop: Expansión.

15 years since MINI’s arrival to Mexico: El Sol de México.

In cars, the only stance is not moving rules of origin: AMIA: El Economista (from Mexico Automotive Summit 2017).

Why investors are not worried if AMLO wins the elections: Alto Nivel (from Mexico Automotive Summit 2017).

30 percent of all R&D funding goes to the automotive sector: El Universal (from Mexico Automotive Summit 2017).

International:

Source: Pixabay

Economic nationalism may jeopardize R&D, study says: Automotive News.

Tesla faces delay in starting mass production, may look to Wall Street for more capital: Automotive News.

Revology to introduce updated version of 1967 Shelby GT500: El Universal.

Toyota Motor increases operating profit forecast by eight percent: Reuters.

Uber grows faster in Africa than in the US: El Economista.

POTUS encourages Japanese automotive companies to produce more in the US: El Economista.

 

 

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