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Mexico's auto production - Changing landscape

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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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Tables and charts

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    Long-term production forecast – Cars and light trucksAnnounced automotive assembly plants since 2013Map of announced automotive assembly plants since 2013
    Average value per vehicle imported into the USMexico monthly vehicle production by final destinationUS car and light truck salesUS domestic car inventoriesUS long-term passenger car and light truck demandAverage hourly earnings in durable goods manufacturing

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    Mexico's auto production - Changing landscape

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