Guanajuato Leads Automotive Production in Mexico
Home > Automotive > News Article

Guanajuato Leads Automotive Production in Mexico

Photo by:   Envato Elements
Share it!
Eliza Galeana By Eliza Galeana | Junior Journalist & Industry Analyst - Wed, 05/24/2023 - 10:11

INA announced that during 2022, Guanajuato ranked first in vehicle production with 725,251 units, which represents 21.9% of the national total. According to the report, the Bajio surpassed Coahuila, Puebla, Aguascalientes, San Luis Potosi and Nuevo Leon in automotive manufacturing.

Ramon Alfaro, Minister of Sustainable Economic Development (SDES) in Guanajuato, highlighted the contribution of the automotive sector to the region’s economy. “Automotive production in the state has boosted employment, supply chains, exports and technological development and innovation," Alfaro said. After the arrival of GM in the 90s, Mazda, Honda, Toyota and Hino Motors have established in Guanajuato, making it the only Mexican state that houses five automotive OEMs. 

Given the demand for specialized talent in different areas, including, engineering, administrative and operational levels, the automotive and auto parts industry has become one of Guanajuato’s main employers. Alfaro pointed out that the state’s automotive sector is constantly opening new job opportunities, which helps to reduce the unemployment rate.

Alfaro underscored that the support provided to this sector by the state government generates a positive impact on economic growth and development. “People in Guanajuato have the chance of improving their livelihood and quality of life by joining the automotive industry,” Alfaro stressed. Additionally, the minister stated that the state’s Governor Diego Sinhue Rodríguez, promotes competitive advantages to attract investments with strategies focused on creating a competitive environment for the private initiative to develop its projects. 

According to INEGI, from January to March 2023, Mexico assembled 922,177 vehicles, which represents an increase of 8.6% over the same period last year, as well as the highest quarterly production since 2020. During the same period, exports in the sector grew by 8.8%, accounting for 741,306 cars. Regarding the domestic market, vehicle sales ticked up by 24%, going from 253,382 units in 1Q22 to 315,126 cars in 1Q23.                                                                           
 

Photo by:   Envato Elements

You May Like

Most popular

Newsletter