USMCA’s ratification by the Mexican government was received well by the local automotive industry. JETRO pointed out that UMSCA will underpin Mexico as an exports base to the US, guaranteeing automotive exports for up to 2.6 million vehicles per year. However, there is still road to cover before the agreement is enforced. According to the Mexican Ministry of Economy, USMCA may not be discussed or approved by the current Canadian government as the House of Commons is in recess and the Canadian Senate will soon too. In the US, President Donald Trump said he expects the US will ratify USMCA soon.
In Mexico, the National Clusters Network has been officially inaugurated. As the association that will group all regional automotive clusters in Mexico, its main goal is to strengthen the country’s automotive supply chain by creating synergies between state automotive hubs. In other news, Mayra González, President and Director General of Nissan Mexicana, will leave to Japan after becoming the OEM’s Head for Global Sales.
Steps Toward USMCA
President Trump trusts that the US will ratify USMCA soon and highlighted that North American countries compete against the rest of the world rather than against each other.
According to Graciela Márquez Colín, Mexico’s Minister of Economy, there are several investment projects on stand-by waiting for USMCA’s final ratifiaction.
USMCA will underpin Mexico as an exports base to the US, according to JETRO. The treaty guarantees automotive exports for up to 2.6 million vehicles per year.
Mexico’s Automotive Drive
Mexico’s National Clusters Network has been officially inaugurated. The automotive clusters of Chihuahua, Coahuila, State of Mexico, Guanajuato, Laguna, Nuevo Leon, Queretaro, San Luis Potosi, Puebla and Tlaxcala have become members.
Mexico City’s Environmental Commission for the Megalopolis proposals to restrict the assignation of emissions’ holograms for new vehicles go against federal norms of SEMARNAT, according to AMIA.