Automotive Exports Slow Down in April

Despite the decrease in automotive exports in April, companies such as Valeo are expanding their plants in Mexico. Moreover, Audi reached its 1-million-vehicle production milestone on the verge of celebrating its 10-year anniversary at its San Jose Chiapa plant. In addition, the armored-vehicle industry grew 8% in 2022. 

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Automotive Exports Drop 10% in April

Mexico’s automotive exports slowed down in April 2023, due to the uncertainty of a possible recession period in the US that would affect the manufacturing sector. During this month, automotive exports totaled US$13.3 billion, their lowest level since July, 2022. 

VEMO Prevents Over 2,400MT of Emissions in 2022

VEMO, a leading electric vehicle manufacturer, announced sustainability progress in its latest report, showcasing its commitment to sustainable mobility. The company revealed that it prevented the emission of more than 2,400mt of CO2 equivalent during 2022.

Valeo Group Expands in Mexico

Valeo Group will invest US$29 million to build a state-of-the-art production plant in Lerma, State of Mexico. This project is expected to generate 220 new employment opportunities, contributing to the local economy and providing individuals with stable and rewarding careers. This expansion showcases the region's allure for automotive manufacturers, while solidifying Valeo’s position as a key player in the industry and a trusted supplier of Stellantis. 

Chang S1-Pro: The Chinese Electric Car Making Waves in Mexico

The Chinese electric car Chang S1-Pro has recently become popular on social media due partly to an alleged MX$20,000 (US$1,131) price tag. However, the car cannot be legally bought in Mexico since it does not comply with local safety standards. Skeptics also warn that its price cannot be so low.

Tesla, Ford Unite for Electric Mobility

Starting in early 2024, Ford's extensive customer base will gain seamless access to Tesla's vast network of 12,000 superchargers spanning the US. A major breakthrough in this partnership is the integration of the North American Charging Standard (NACS) port into the next-generation Ford vehicles.

Audi Mexico Hits 1-Million-Vehicles Milestone

Audi Mexico announced that it produced 1 million cars on the verge of celebrating its 10-year anniversary at its San Jose Chiapa plant. The construction of the Audi plant marked a turning point for the automotive industry in Mexico, as it became the first premium vehicle production factory in the country. 

Armored-Vehicle Industry Grows 8% in 2022

The Mexican Association of Vehicle Armorers (AMBA) reported industry growth of 8% in 2022. Analysts pointed out that violence rates in the country have boosted demand for these kinds of vehicles.

Salamanca Joins Forces with Guanajuato Automotive Cluster

The Guanajuato Automotive Cluster (CLAUGTO) recently announced an alliance with the city of Salamanca, Guanajuato. With a notable presence in the energy sector and impressive international sales figures, Salamanca is emerging as a diversified economic hub with multiple business opportunities.

Stellantis Invests in Lyten's 3D Graphene

Stellantis Ventures has made an investment in Lyten, a company specializing in 3D Graphene, to expedite the commercialization of Lyten 3D Graphene applications within the mobility sector. This includes advancements such as the LytCell Lithium-Sulfur EV battery, lightweight composites and innovative on-board sensing technologies.

Proveedor Automotriz to Celebrate Its 13th Edition

Nuevo Leon is about to host one of the biggest automotive events in Mexico: Proveedor Automotriz 2023. According to organizers, the event is expected to host over 1,500 participants. 

Nissan Pours Efforts in Conserving the Aguascalientes Reserve

Nissan Mexicana is strengthening its Ecological Reserve at the Aguascalientes A2 plant, as it aims to make its operations cleaner, safer and more inclusive.