On Wednesday, Mexico took another step toward renewing its commercial relations with the US and Canada. With 114 votes in favor, the Mexican Senate approved USMCA and sent it back to President López Obrador for ratification. According to the Ministry of Economy, USMCA will bring certainty for investors to continue supporting trade as a motor [...]

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US Tariffs on Mexican products may be cancelled for now, but Mexico’s automotive industry took some collateral damage. While ANPACT announced that the suspension of these tariffs prevented a strong hit on Mexico’s automotive exports, some investments destined for to Guanajuato Puerto Interior were put on stand-by. AMDA warned that the coming US presidential elections [...]

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It was a relatively calm week for the Mexican automotive industry until US President Donald Trump announced a 5 percent tariff on all products imported from Mexico. According to Trump, these tariffs will be enforced starting June 10 and will increase until the influx of illegal immigrants arriving to the US through the US-Mexican border [...]

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Niki Lauda’s death, winner of three F1 championships in the 1970s, and Dieter Zetsche’s retirement, who led Mercedes-Benz to the top spot in the luxury segment in 2016, were among the biggest international automotive news this week. The US has finally eliminated tariffs on Mexican and Canadian steel and aluminum imports, paving the way for [...]

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Be it great comfort, a fun driving experience or a refined design, the sedan segment is a perfect testing ground for brands to showcase their best features because of the tough competition. Mexico Automotive Review took the 2019 Hyundai Elantra LIMITED TECH NAVI version for a spin to check out what the brand is bringing [...]

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The White House has postponed by six months its decision to impose tariffs of 25 percent on vehicle imports, which gives more breathing space to OEMs and suppliers exporting to that country. Meanwhile, Brazil plans a new trade mission targeting the auto parts industry in the Bajio region. According to CAMEBRA, Brazilian companies are interested [...]

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April was a good month for Mexico’s light-vehicle vehicle production and exports despite the downturn in domestic sales. Compared to the same month of 2018, Mexico’s car output increased by 2.02 percent and exports by 4.95 percent. According to Eduardo Solís, Executive President of AMIA, the country’s vehicle production and exports could increase by 3.5 [...]

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It was another rough week for the Mexican automotive industry. ProMéxico’s disappearance and the lowest sales performance in four years were the two harshest news of the week. In April, only 98,105 new vehicles were sold in the Mexican market, which entailed the lowest sales level since the same month of 2015. Of the three [...]

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In 2018, Mexico became the sixth-largest automotive producer worldwide and the country is still winding up. According to Eduardo Solís, President of AMIA, Mexico could reach fifth position by 2021. Chinese vehicle production in Mexico, the arrival of BMW and Mercedes-Benz to the country and a growing demand in the US are all factors fueling [...]

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It was a difficult week for the Mexican automotive industry. Not only did domestic sales dropped in March by 1.5 percent but also US President Donald Trump threatened to apply tariffs to Mexico-made vehicles. In a tweet, President Trump said the US could use tariffs as an economic penalty for US$500 billion worth of illegal [...]

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