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Mexican Automotive Supplier Report by Bharat Book Bureau
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Mexican Automotive Supplier Report |
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Automotive,Business,Marketing
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Mexico, which has been a favoured destination for many US-based automakers and suppliers, is seeing growing investments from Japanese automakers too. Honda, Mazda and Nissan have lined up major investments in the country over the next two to three years, centered on increasing production and assembly operations as well as on setting up supplier parks. Many Japanese suppliers are following their OE customers, who are expanding their operations in Mexico. http://www.bharatbook.com/automobiles-market-research-reports/mexican-automotive-supplier-report.html
As a result, new component production plants are expected to be established in certain key areas such as Baja California in Mexico. The industry is gearing up to regain the one-million units sales mark in 2014, a year when IHS expects annual vehicle sales in Mexico to touch 1.03 million. By 2020, vehicle sales in Mexico are projected to reach 1.3 million units. Vehicle production in Mexico reached a high of 2.1 million units in 2008 but the global financial crisis caused a sharp decline of 28.7% year-on-year in 2009 to 1.49 million units. Since then vehicle production is on recovery path in Mexico, largely driven by a revival in exports with vehicle production increasing 51% to 2.26 million in 2010 and a further 12.8% to a record 2.55 million in 2011 to become the eighth largest vehicle manufacturing country worldwide after China, Japan, US, Germany, South Korea, Brazil and India. IHS Automotive forecast that vehicle production in the country will breach 4.2 million units in 2020.
About this report
This second edition report examines the current economic scenario in Mexico including increasing foreign investment, the weak Peso, regulations and plethora of foreign trade agreements, foreign investment and the export orientated market.
The report goes on to examine the Mexican automotive industry including domestic sales and production analysis, the leading car makers in Mexico, export driven growth and increasing investments with particularly increased interest from Japan and Europe.
The supplier industry in Mexico is vast, and spread across all tiers. This is analysed along with the various automotive clusters, competitive advantage and outlook and challenges for the future. Finally the report also includes the detailed analysis of each of 75 key suppliers active in Mexico.
Executive Summary
Economic Scenario in Mexico
Key Indicators
Export-oriented market; FTAs cover over 40 countries
NAFTA
Increasing foreign investment
Government incentives for suppliers
Mexico s regulations for manufacturing plants - Maquiladora Programme
Weak Peso has made exports attractive
Overview of Mexico s Automotive Industry
Domestic vehicle sales recording reasonable recovery since 2008-09 s slowdown
Leading automakers in Mexico
C-segment dominates local automotive market
Greater reliance on import to meet local demand
Industry performance in 2012
Automakers increasing investments
Japanese automakers expanding presence
European automakers interest is growing too
Mexico becoming attractive manufacturing base for smaller, fuel-efficient vehicles
Mexico s Automotive Components Supply Base
United States is a major export destination
Investments by Suppliers
Powertrain production dominates
Dominance of foreign suppliers
Few strong domestic suppliers
Growing trend of co-location
Major automotive clusters
For more information kindly visit :
Mexican Automotive Supplier Report Or
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Fax: + 91 22 27812290
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/#!/Sandhya3B
http://www.facebook.com/pages/Bharat-Book-Bureau/133809389971352
http://automotivemarketreports.blogspot.com/
Related Articles -
Mexican, Light Vehicle, Motorcycle, Automotive, Market Research Reports,
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