Mexican Automotive Industry Has a New Representative

José Guillermo Zozaya will step in as Executive President of AMIA. Meanwhile, auto part manufacturer Nemak will detach from Grupo Alfa to be listed independently in the Mexican stock market.

In this week's featured interviews, we talked to GiPA about the value of the Mexican aftermarket. Read about the future of automotive innovations on our interview with Evonik Industries de México. Finally, you can take a closer look to what the priorities for Jalisco's government are regarding automotive.

On international roads, AWS continues to expand its automotive footprint with Toyota's mobility services platform. Meanwhile, Tesla's stock continues to raise eyebrows as it surpassed the US$2,000 mark.

Sit tight, this is the Week in Automotive!

AMIA Appoints New Executive President

After seven months, AMIA's board appointed José Guillermo Zozaya, as its new Executive President. Given that AMIA represents OEMs and brands based in the country, this is a long-waited good news that comes in the aftermath of the pandemic. Congratulations and good luck to José Zozaya!

Alfa Holding Exscinds Nemak

Alfa Holding's shareholders approved the decision to separate Nemak as a spinoff entity to be listed in the Mexican stock market, El Financiero reported.

The Value of the Aftermarket

According to GiPA’s Director for the Americas Region, the value of the aftermarket should decrease between 15 to 20 percent in 2020 due to the pandemic. Read the full interview here.

Featured Interviews

Martin Toscano, President of Evonik indusries de México, explains how Evonik is supporting the electrification and lightweighting trends seen in the industry today.

Jalisco's Minister of Economic Development, explains the state's strategies toward the development of EVs in the state.

AWS Continues to Expand Its Automotive Footprint

Amazon Web Services (AWS) and Toyota Motor Corporation will expand their collaboration in applying AWS's solutions to Toyota's Mobility Services Platform. The platform aims to provide an ecosystem for Toyota engineers across the world to develop, deploy and manage "the next generation of data-driven mobility services."

Tesla's Stock Continues to Rise

Tesla's stock price surpassed the US$2,000 mark before it announced its five-for-one stock split. The price of the share increased by 45 percent since the company announced the split, Reuters reported.