Insight
Mexico's auto production - Changing landscape
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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 contains
Table of contents
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Capacity expansion: who, what, where and why?*
- Who?
- What?
- Where?
- Why?
- Summary
Tables and charts
This report includes 9 images and tables including:
Tables
- Announced automotive assembly plants since 2013
Images
- Long-term production forecast – Cars and light trucks
- 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
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