Image credits: Photo by Aubrey Rose Odom
/
Weekly Roundups

Renewed Leadership and Strategies

By Alejandro Enríquez | Thu, 07/23/2020 - 17:17

Daimler will stop producing Mercedes-Benz sedan vehicles in North America. Toyota Motor México will have a new president starting on August 3. Meanwhile, Igor Dumas, Managing Director México of Groupe PSA, explains how the company is fast-tracking its online strategy. Also, Antonio López, President of ARIDRA, addresses the state of the aftermarket in the country.

We bring you the highlights of our webinar: "Leadership Tools to Successfully Navigate Uncertain Times," featuring Eduardo Solís, former Executive President of AMIA, and other industry experts, including Seraph Consutling, Gravistas Detroit and GlassRatner Advisory and Capital Group. 

Sit tight, because here is the Week in Automotive!

Toyota Has a New President in Mexico

Effective on August 3, Luis Lozano, current Senior Director of Foreign Affairs, will serve as President of Toyota Motor de México, replacing Mike Bafan. "These changes will contribute to the efficiency and institutional presence of the company in the country," said Toyota on a statement. 

You can read the full story here

Daimler Will Stop Producing Mercedes-Benz Sedans in North America

Daimler Group, home to Mercedes-Benz vehicles, announced that sedan vehicle production in the US and Mexico will shift as the company advances its cost-cutting strategy. The production of Mercedes-Benz C-Class sedan in Alabama will stop to pave the way for Mercedes' SUV models. As for Mexico, the production of Mercedes-Benz A-Class in Aguascalientes will shift to the GLB model, Reuters reported.

You can read the full story here

Featured Interviews

This week, Igor Dumas, Managing Director México of Groupe PSA, which includes the Peugeot brand, explains how the company is fast-tracking Peugeot's online strategy. 

Antonio López, President of ARIDRA, says as the world changes, the aftermarket will have to adapt while mobility remains vital. 

Leadership Tools to Successfully Navigate Uncertain Times
The COVID-19 pandemic and USMCA’s enforcement on July 1 have put the automotive industry in North America in a complicated spot that resembles the 2008-2009 economic crisis scenario. However, these moments are different as the sector has learned from that experience. Industry experts met to discuss the best strategies to navigate uncertainty.

  • Eduardo Solís, former Executive President of AMIA, highlighted the role of Mexico in the global automotive industry while forecasting a 25 percent sales drop in the US and Mexico.
  • Richard Payne, Engagement Manager at Seraph, discusses how to take an opportunistic view for suppliers to streamline their footprint. 
  • Alicia Masse, Principal Advisor at GlassRatner Capital Group, mentioned the challenging conditions for the supply chain and how companies can secure solvency. 
  • Jan Griffiths, President of Gravitas Detroit, stressed the role of great leadership in overcoming difficult times. 


International Roads
Ford Mexico claims a blockade in Guaymas, Sonora's railway is affecting its operation at its Hermosillo plant, complicating imports and exports. 

Hyundai Motor's 2Q20 results are better than expected but still show a long way for recovery. 

 

Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst

MORE BY THE AUTHOR

Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez