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The Mexican Automotive Supplier Report

  • June 2014
  • -
  • Supplier Business
  • -
  • 313 pages

The latest edition of Mexican Supplier Report offers an informed perspective on the current status and the way ahead for Mexico's automotive industry. Specifically, the report provides an overview and outlook for the country's macroeconomic environment, production, sales, imports and exports of light vehicles (LV) and automotive parts. The report lists all significant investments recently announced by automakers and suppliers that will further augment the country production prowess. IHS forecasts annual light vehicle production in Mexico to grow from 2.92 million units in 2013 to 4.47 million units in 2020, an increase of 53%.

Today, Mexico is one of the world’s most competitive production and export hubs for vehicle and parts manufacturers, thanks to its relative low-cost labour, strategic geographical location and a host of free trade agreements (FTAs) with key international markets – the country currently has 12 FTAs covering 44 countries and is a member of the proposed 12-country Trans-Pacific Partnership (TPP), which is expected to open new trade frontiers for the country in future. Currently, cars and commercial vehicles produced in Mexico are mainly exported to the United States, Canada, Latin American countries Brazil and Argentina, and some European and Asian markets.

Mexico also boasts a highly skilled workforce, consolidated supply chain, stable economic and political environment, and favourable investment and export conditions. The general business environment is expected to improve further in future as its federal government plans to implement reforms in the economic and financial system.
The report includes a series of 74 supplier profiles from suppliers either based in Mexico, or the localised operations of global tier-1 and tier-2 suppliers. These profiles provide you with relevant data on corporate strategy, investments, product offerings and contact information built from SupplierBusiness research.

The report leverages IHS SupplierBusiness’ WhoSuppliesWhom database of supplier-OEM relationships and also utilises IHS Automotive’s Light-Vehicle Production Forecasts; the industry standard for automotive forecasting and analysis.

Table Of Contents

The Mexican Automotive Supplier Report
Chapter 1: The Mexico advantage
Key economic indicators
GDP
Consumer demand
Consumer confidence
Remittances from US
Industrial production
International Trade
Infrastructure
Inflation
Political environment
Business atmosphere
Legal framework
Tax system
Stock market

Chapter 2: Mexican automotive industry
Vehicle parc and density
Light vehicle sales
Leading automakers
Vehicle segments
Vehicle production gathering momentum
An export-oriented market
Auto parts exports
Weak Mexican Peso giving impetus to exports
Investments by automakers
Investments by Japanese automakers
Investments by European automakers
Investments by US automakers

Chapter 3: Supplier industry in Mexico
Rising exports and imports
Foreign suppliers dominates auto parts production
Mexico-based suppliers
Investments
RandD capability in Mexico
OEM-Supplier relations
Continuing focius on localisation
Increasing powertrain production
Customer and competition
Fuel price and economy
Urbanisation
Evolving emission regulations
Supplier parks in Mexico
Automotive clusters
Growth in central Mexico

Chapter 4: Policies and regulations
Maquiladora programme
Temporary import programme for export (PITEX)
Maquiladora manufacturing industry and export services (IMMEX)
Sector promotion programme (PROSEC)
Automotive decree
International trade agreements
NAFTA
Mexico-Mercosur FTA
Emission norms in Mexico
Programme to incentivise OEMs
Vehicle safety

Chapter 5: Outlook and challenges
Vehicle sales in Mexico to grow marginally amid high used car imports
Suppliers poised for growth
Powertrain production
Mexico to become largest vehicle exporter to US
New international trade agreements
Growing protectionism
Labour cost to remain competitive in short term
Availability of skilled labour

Chapter 6: Interviews
Thomas Karig, vice-president, Corporate Relations, VW de Mexico
Mike Jackson, director, IHS Automotive
Alejandro Furas, technical director of Latin NCAP
Eugenio Madero, CEO SANLUIS Rassini North America
Herman Morfin, director, Corporate Communications, Nissan Mexico
Corporate Communication - Gestamp Mexico
Sachin Lawande, president, Infotainment, Harman International
Oscar Albin, executive president, Industria Nacional de Autopartes (INA)

Chapter 7: Supplier survey
Has an increase in investments made by several automakers and suppliers put strain on Mexico's available infrastructure?
Many global automotive suppliers are following their OEM clients and opening plants in Mexico. Are local suppliers taking enough measures to improve their efficiencies and RandD expertise to keep pace with the global ones?
Is political instability affecting automakers' and suppliers' decision to expand their manufacturing and RandD footprint in Mexico?
Do you think that private investment is not growing enough to support economic development in Mexico?
Mexico drew a record USD35.2 billion in foreign direct investment (FDI) in 2013. Do you think the country will continue to attract huge FDI in the mid-term?
Vehicle emission norms in Mexico are at par with the US but mandatory safety norms are not. What impact does this have on vehicle demand in the domestic market?
Is the Mexican government taking sufficient steps to implement the mandatory safety norms for vehicles?
By when do you anticipate cars sold in the Mexican market to have mandatory safety norms?
Vehicle sales returned to pre-recession levels in 2013 of 1.09 million units, three years earlier than previously expected. IHS Automotive forecasts total market sales in Mexico will reach 1.14 million units in 2014. Do you think this is attainable?
IHS forecasts the Mexican automotive market to continue with modest growth between 3.4-4.5% for the next five years. Do you agree with this?
Mexican vehicle production broke through the 3 million milestone in 2013. Production in 2014 is forecast to increase 9.1% y/y. In quarter 1 this year, production was up 6.5% y/y. Do you agree with this projection?
Mexican exports and production are expected to see positive gains in 2014, given the massive influx of FDI in the country from Japan in particular. Do you agree with this prediction?
Demographics of respondents: Poisition in the supply chain
Demographics of respondents: Area of operation

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