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Weekly Roundups

Combining Efforts to Grow the Sector

By Antonio Gozain | Thu, 10/21/2021 - 15:00

In the context of shortages and contraband cars’ regularization, AMDA’s Automotive Forum gathered executives from five of the biggest automakers in Mexico to unite efforts to revive the sector. Meanwhile, Lexus and the Electric MINI Cooper prepare their debut in Mexican territory.

 

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AMLO Signed Regularization Decree for Contraband Cars

Last Saturday, President Andrés Manuel López Obrador signed a decree to regularize more than 2 million “chocolate” cars. AMDA, AMIA and OEMs, which have been warning about the possible consequences of legalizing contraband cars, condemned the decision.

“The regularization of contraband vehicles will only allow ‘garbage cars' to continue circulating in our country and favor the introduction even more vehicles than those currently circulating illegally, generating an environmental and safety impact,” said José Zozaya, President of AMIA.

Ministry of Economy is the Sector’s Permanent Ally: Clouthier

“The Ministry of Economy will remain a permanent ally (of the automotive industry) to give certainty and permanence to the investments of over 1,600 companies,” said Tatiana Clouthier, Minister of Economy, in the opening message of AMDA’s Automotive Forum. She did not address the regularization decree signed on Saturday.

Stellantis, Samsung to Form North American EV Battery Venture

A day after the joint venture between Stellantis and LG Energy Solution was officially announced, Reuters reported that the fourth largest automaker and South Korean storage battery manufacturer Samsung SDI have reached an agreement to jointly produce electric vehicle (EV) batteries to supply the North American market, including Mexico.

"The two companies (Stellantis and Samsung SDI) have struck a memorandum of understanding to produce EV batteries for North America," an anonymous source told Reuters.

Semiconductor Shortages: Which Direction Should Mexico Take?

Semiconductor shortages still plague the automotive industry, with OEMs constantly stopping production across the world. In Mexico, the situation has led production and sales to reach their lowest levels in the last decade, while exports have not recovered entirely from the pandemic crisis. Some industry experts believe that Mexico has the potential to produce semiconductors but that the country should play a supportive role as the US opens its new factories.

Read the full analysis here.

Material Shortages Stop Production at Ford Hermosillo Plant

Just two days after almost 3,000 workers returned Ford’s plant in Hermosillo, Sonora, production once again stopped on October 15 due to a shortage of materials.

Lexus, Electric MINI Cooper Arrive in Mexico

Seven Lexus models, from Japanese automaker Toyota will debut in Mexico, while electric MINI Cooper SE’s 2022 Iconic version will arrive in Mexico. Lexus’ arrival in Mexico is set to be on December 10. Five dealerships will open up across the country: three in Mexico City (Polanco, Santa Fe and Universidad), one in Monterrey (Vasconcelos) and one in Guadalajara (Lopez Mateos).

Mexico Needs Integral, Joint Planning: OEMs

The government of Mexico has to define a sustainable mobility plan jointly with the automotive industry to integrate a competitive business model that enables players to work under fair, legal conditions, agreed executives from five of the biggest automakers in the country.

The data used in this article was sourced from:  
MBN
Photo by:   MBN
Antonio Gozain Antonio Gozain Journalist and Industry Analyst