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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.
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Mexico's auto production - Changing landscape PDF - 371.35 KB 7 Pages, 1 Tables, 8 Figures
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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.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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Insight | Mar 2015
Mexico's auto production - Changing landscape
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