Automotive Manufacturing Industry in Mexico
Automotive manufacturing in Mexico is rapidly expanding, specifically in the central states of Guanajuato and Aguascalientes. This is largely a result of Mexico having the lowest labor cost structure in North America.
Automotive Manufacturing Industry in Mexico
Automotive manufacturing in Mexico is rapidly expanding, specifically in the central states of Guanajuato and Aguascalientes. This is largely a result of Mexico having the lowest labor cost structure in North America.
Fueling this growth of Mexico’s automotive industry are the world’s largest automotive companies —including Chrysler, Fords, General Motors, Toyota, Nissan, Mazda, Honda, Volkswagen and Audi—all of which have assembly plants in Mexico today.
The automotive market in Mexico
Following in their footsteps is the complete automotive supply chain. These are tier 1, 2 and 3 suppliers from around the world that see an opportunity to supply the Mexico automotive sector and simultaneously reduce their overall costs. Many of these suppliers are realizing they can successfully supply both the “local” market, as well as export auto parts and finished goods to the U.S. and abroad under Mexico’s IMMEX program.
IMMEX (formally Maquiladora program) enables the auto industry in Mexico to take full advantage of the North American Free Trade Agreement, tax, tariffs, fiscal and other incentives offered to foreign companies that are manufacturing in Mexico.
The automotive market in Mexico
Following in their footsteps is the complete automotive supply chain. These are tier 1, 2 and 3 suppliers from around the world that see an opportunity to supply the Mexico automotive sector and simultaneously reduce their overall costs. Many of these suppliers are realizing they can successfully supply both the “local” market, as well as export auto parts and finished goods to the U.S. and abroad under Mexico’s IMMEX program.
IMMEX (formally Maquiladora program) enables the auto industry in Mexico to take full advantage of the North American Free Trade Agreement, tax, tariffs, fiscal and other incentives offered to foreign companies that are manufacturing in Mexico.
Helping Companies Establish Auto Manufacturing Plants in Mexico
Recognizing an opportunity to help the automotive manufacturing sector and its suppliers operate in Mexico under the complexity of the IMMEX program, NAPS opened a large, regional office in Guanajuato and began offering its full-service Administration and Compliance Management Program. Within one year, central Mexico has become NAPS’ fastest growing market, working with suppliers from the United States, Japan, Canada and throughout Europe.
With NAPS running 100% of the Human Resource, Accounting, Import/Export, Environmental Health & Safety, and all Mexican government permits and compliance, our clients can focus all their attention on production, quality control and other non-administrative activities at their Mexico facilities.
The Mexican automotive industry and economy is now the world’s fastest growing manufacturing cluster. The Mexican auto industry is not only gaining recognition within the manufacturing realm, but has also contributed generously to Mexico’s economy. Various auto manufacturers in Mexico rely on having their operations in Mexico manufacturing plants for low labor cost and quality auto production.
With over four hundred different car models and forty-two different automotive manufacturers, Mexico could now be considered one of the most diverse vehicle manufacturer and vehicle production markets in the world. And, the auto manufacturing industry in Mexico is expected to increase further in the future.
The Mexican automotive industry and economy is now the world’s fastest growing manufacturing cluster. The Mexican auto industry is not only gaining recognition within the manufacturing realm, but has also contributed generously to Mexico’s economy.
Various auto manufacturers in Mexico rely on having their operations in Mexico manufacturing plants for low labor cost and quality auto production. With over four hundred different car models and forty-two different automotive manufacturers, Mexico could now be considered one of the most diverse vehicle manufacturer and vehicle production markets in the world. And, the auto manufacturing industry in Mexico is expected to increase further in the future.
Partner with a manufacturing specialist in Mexico
Take advantage of the manufacturing opportunities in Mexico’s auto industry. Contact NAPS or call us at (866) 724-1123 today to learn more on how we can assist in expanding your automotive manufacturing operations to Mexico. Join many automakers and car manufacturers in Mexico today.
Partner with a manufacturing specialist in Mexico
Take advantage of the manufacturing opportunities in Mexico’s auto industry. Contact NAPS or call us at (866) 724-1123 today to learn more on how we can assist in expanding your automotive manufacturing operations to Mexico. Join many automakers and car manufacturers in Mexico today.
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