Last week’s news was mostly focused on preparations for the seventh NAFTA negotiation round between Mexico, Canada and the US. No agreement has been reached on the topics of rules of origin for automotive content and the resolution of trade disputes.
On the other hand, Mexico’s automotive industry reached several historic highs this week. First, Mexico’s 2017 automotive exports reached a total value of US$126.7 billion, which is the highest value in the last three years. Secondly, Mexico reduced its dependency on the US market by 2.1 percent.
FCA recalls 4,066 RAM trucks due to malfunction that could cause an inadvertent movement of the gear stick.
Mexican automotive exports grow 11.8 percent during 2017.
Mexico has 28 R&D centers oriented to the automotive industry.
Kia Río produced in Mexico leads dependability list in JD Power’s Dependability Study.
BMW registered a 4.6 percent sales growth during 2017. The company expects the premium auto market to grow 5 percent during 2018.
Mexico’s Ministry of Economy and AMIA ready the country’s automotive proposal for the sixth NAFTA negotiation round.
Mexico’s automotive exports value amount to US$41.7 billion in 2017.
About 50,000 vehicles become stranded in Chihuahua due to railway blockages. Honda, Nissan, GM, FCA, Mazda and Ford are among the automakers affected.
Toyota sold 1.5 million electrified vehicles during 2017.
Claro associates with Alfa Romeo Sauber F1 team.
Huawei presents the first vehicle to be driven through a smartphone with AI.
Shift to EVs may hit Volkswagen’s profitability.
BP forecasts self-driving and electric vehicles to curve oil consumption by 2040.
Software may have been used by Daimler to pass emissions tests in the US.
A German court will decide whether German cities can ban the use of heavily polluting diesel vehicles.
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