Foreign automotive companies continue to bring their operations to Mexico. This week, Faurecia and NSK Warner opened new assembly facilities in Guanajuato. Volkswagen projects the production of a new SUV in its Puebla plant and DHL doubled the capacity of its service center in Queretaro. In Nuevo Leon and Baja California, automated processes are on the way to becoming commonplace as the Industry 4.0 trend permeates Mexico.
Green vehicles are doing well as sales in this segment grew 27.3 percent during January. Additionally, Tesla will open 150 charging spots in Queretaro, Volkswagen has chosen battery and battery-related technology partners and Chevrolet will increase production volumes of its most successful EV model: Bolt.
The 2019 Jetta will be launched on March 19th. The Jetta was the sixth top-selling vehicle in Mexico in 2017.
Ildefonso Guajardo trusts NAFTA 2.0 could be finished before the elections but quality of the FTA will not be compromised to meet political times.
US vehicle recalls are at their lowest levels since 2013. In 2016, 53 million vehicles were recalled in that country.
Lack of definition in rules of origin keeps Queretaro’s automotive industry on the lookout for negotiation results.