Light Vehicles Sales Expected to Slump in 2023: AMDA
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Light Vehicles Sales Expected to Slump in 2023: AMDA

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Rodrigo Andrade By Rodrigo Andrade | Journalist & Industry Analyst - Fri, 12/30/2022 - 10:00

Due to higher interest rates, supply chain disruptions and the growing numbers of “chocolate” cars, AMDA predicts that light vehicle sales in Mexico will be 17 percent lower in 2023 than they were before the pandemic. They estimate that 1.09 million units will be sold in Mexico in 2023.

Nissan reiterates the importance of Mexico in the company’s global agenda. The Japanese automaker is looking to improve its processes with the help of Industry 4.0 technology through the Nissan Digital Acceleration project. This has allowed the company to create more connected societies and it plans to continue shaping Mexico’s mobility landscape. 

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New Light Vehicles Sales to Stagnate in 2023: AMDA

Mexico’s automotive industry will face 17 percent lower light vehicles sales in 2023 when compared to pre-pandemic levels, forecasts AMDA. The organization estimates that 1.09 million units will be sold in the country in 2023.

Higher interest rates, intermittent disruptions in the supply chain and increased competition from used cars will all affect sales numbers, said Guillermo Rosales, President, AMDA. “Preliminarily, a market of 1.09 million sales is contemplated for 2023. However, other analysts and financial institutions estimate that 1.15 million units will be sold,” said Rosales. 

See the complete article. 

Stellantis to Buy Stake in Hydrogen Mobility Company Symbio 

The automotive company has started negotiations with FORVIA Group’s Faurecia and Michelin to enter the Symbio joint venture. The three companies announced that Stellantis seeks to buy a “substantial” stake in their fuel system manufacturer for hydrogen mobility, as Symbio’s matches perfectly with the US company’s hydrogen roll-out plans in the EU and US, said Carlos Tavares, CEO, Stellantis. “This move will foster the speed of development to bring low emission products to our customers, beyond traditional EVs,” said Tavares.

Patrick Koller, CEO, Faurecia highlighted the role of Michelin and Faurecia in achieving zero-emission mobility. “Stellantis confirms the robustness of Michelin and Faurecia’s approach to creating a global leader in zero-emission mobility. The new setup will accelerate and globalize Symbio’s growth to the benefit of its customers,” said Koller.

Find out all the details here. 

Nissan Transforms Through Industry 4.0

The Japanese automaker aims to transform its processes through Industry 4.0 based technology. The Nissan Digital Acceleration project has allowed the company to create more connected societies, as it seeks to continue to shape Mexico’s mobility landscape. 

Nissan’s plants in Aguascalientes produce one vehicle every 40 seconds, thanks to the automaker's mix of technologies with highly-specialized human talent. “Industry 4.0 is becoming more and more important in business. Through it and the incorporation of Nissan Digital Acceleration in our processes, we seek to take the brand to a higher level, to modernize our plants and continue promoting innovation, in addition to reducing errors and production time by automating several of our practices,” said Joan Busquets, Manufacturing Vice President, Nissan Mexicana.

Check the note here. 


Audi Mexico Working to Prevent Strike 

The automaker is in talks with the Independent Union of Audi Workers of Mexico (SITAUDI) to reach an agreement between the company and the Audi Puebla staff before the first day of 2023. If no agreement is reached by January 1, 2023, the assembly plant in Puebla will be on strike, according to Cluster Industrial.

SITAUDI presented two options to Audi Puebla workers, both of which were rejected. The union and the company are still in negotiations. Both proposals were declined by the majority of the 4,000 employees. “Union democracy was exercised and the majority’s voice was respected,” said César Orta, Leader, SITAUDI. 

Read more about the story. 

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