Automotive

The automotive industry prepares for the USMCA

November 5, 2019 2:53 am Among the changes that will bring the Free Trade Agreement between Mexico, the United States and Canada, will be the modification of the rule of Regional Content Value of the automotive sector, which will go from 62.5 to 75%, this change will be given in 4 states with gradual increases in the percentage over a… [+]

Significant Downturn for the Automotive Industry

September 17, 2019 10:26 am According to data from the INEGI, during this year’s August, the Mexican automobile industry has sunk in all its areas, out of which exports are the most affected in comparison to August of 2018. The National Institute of Statistics and Geography (INEGI) announced that the automobile industry has had a downturn in all its areas…. [+]