Mexico's Car Market Rebounds Strongest Since 2018: Auto Week

Mexico's automotive market posted its strongest month since 2018 in June, with sales up 8.3%. Meanwhile, Fictiv opened a new custom manufacturing facility in Nuevo Leon. Additionally, cybersecurity remains a top concern for automakers, while electromobility and environmental strategies gain focus.

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Mexico's Automotive Market Posts Strongest Month Since 2018

Mexico's automotive market saw a robust recovery in June, achieving its strongest performance since 2018, according to data from the National Institute of Statistics and Geography (INEGI). In June, domestic sales of light vehicles reached 122,929 units, marking an 8.3% increase compared to the same period last year.

Innovation, Trade, and Talent Fortify The Auto Parts Sector

Mexico finds itself in a strategic position where it must balance its trade relationships with both the United States and China. Both powers are important trade partners for Mexico, particularly in the auto parts sector, where there are significant dependencies on imports for components not produced in North America, such as steel, aluminum, batteries, and semiconductors.

Fictiv Opens New Custom Manufacturing Facility in Nuevo Leon

Fictiv, a global leader in custom manufacturing, has opened a new manufacturing facility in Santa Catarina, Nuevo Leon. This move builds upon Fictiv's strategic expansion announced last year, which integrated Mexico into its global network of manufacturing partners.

Automakers Worry Over Cybersecurity Amid Smart Tech Investment

Cybersecurity has surged to become a top external concern for automotive manufacturers as they invest more in smart manufacturing technologies, according to a report from Rockwell Automation.

Electromobility Requires Comprehensive Policy, Clear Dialog

The USMCA has the highest and most restrictive rules of origin in the world. It requires 75% regional content for vehicles, 40% labor content, and specific requirements for steel and aluminum purchases. No other agreement in the world imposes such stringent requirements. It is crucial to assess whether these requirements genuinely enhance the collective competitiveness of the region or hinder it.

SEDEMA, Holcim Implement Tire Waste Management Strategy

Mexico City's Ministry of the Environment (SEDEMA) launched the Strategy for Tire Waste Management initiated in collaboration with Geocycle Mexico, a subsidiary of Holcim Mexico, to tackle tire waste from clandestine dumps and public areas 

VEMO, BYD Unveil EV Charging Station in Mexico City

VEMO and BYD have introduced a new EV charging station in Mexico City, equipped with 23 chargers.

Located at Plaza Miyana, this hub features four units capable of charging a vehicle within 45 to 60 minutes. "This hub marks the first phase of our collaboration with BYD, a partnership that leverages our strengths in electric vehicles and charging infrastructure development," stated Roberto Rocha, co-founder and CEO, VEMO.

Mexico Motorcycle Sales Reach Record 1.4 Million Units

The motorcycle industry in Mexico has achieved a record-breaking sales figure of 1.4 million units this year, with exceptional performance for brands such as Honda, Bajaj, BRP, and BMW Motorrad, according to data from the Mexican Association of Motorcycle Manufacturers and Importers (AMFIM).

BYD Plans US$1 Billion Turkey Factory to Skirt Tariffs

BYD has announced plans to build a US$1 billion factory in Turkey, aiming to avoid escalating tariffs on Chinese exports to key markets like Europe and the United States. The facility, scheduled to begin operations in late 2026, will have the capacity to produce 150,000 electric vehicles (EVs) and plug-in hybrids annually.

Pirelli Workers to File USMCA Labor Complaint for Better Wages

Workers at Pirelli's Silao, Guanajuato plant are gearing up to file a labor complaint under the United States-Mexico-Canada Agreement (USMCA), demanding better wages and the enforcement of the Rubber Industry Contract Law. The complaint, to be filed through the Rapid Response Labor Mechanism (RRLM) of the USMCA, addresses issues of low wages and poor working conditions.