Insight
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7 Pages

Mexico's auto production - Changing landscape


Mexico's auto production - Changing landscape

Report summary

A key hub for auto export, Mexico’s auto industry is gaining momentum, growing both in terms of volume and value. In 2016, Mexico will open its first luxury car plant, propelling it up the value chain. Why the growth? Low wages, rising manufacturing standards, proximity to key markets, free trade agreements, low energy costs as well as a growing and reliable source of parts. Wood Mackenzie forecast Mexico to surpass Japan and Germany as the world's 4th largest auto producing country by 2035.

What's included?

This report includes 1 file(s)

  • Mexico's auto production - Changing landscape PDF - 371.35 KB 7 Pages, 1 Tables, 8 Figures

Description

This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.

This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for.

Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

Our comprehensive understanding of commodity markets gives us a unique insight into the pace of global development and the risks associated with it.

  • Capacity expansion: who, what, where and why?*
    • Who?
    • What?
    • Where?
    • Why?
  • Summary

In this report there are 9 tables or charts, including:

  • Capacity expansion: who, what, where and why?*
    • Announced automotive assembly plants since 2013
    • Map of announced automotive assembly plants since 2013
    • Average value per vehicle imported into the US
    • Mexico monthly vehicle production by final destination
    • US car and light truck sales
    • US domestic car inventories
    • US long-term passenger car and light truck demand
    • Average hourly earnings in durable goods manufacturing
  • Summary
    • Long-term production forecast – Cars and light trucks
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