Brexit costing €US$12.9 billion, Tesla producing 500,000 vehicles in 2020 and Mexican vehicle sales’ slowing recovery. This is the week in Automotive!

Industry associations addressed their expected forecasts for vehicle production, exports, sales and auto part manufacturing.

Hyundai and FCA presented their quarterly results while AMIA, AMDA and INA addressed vehicle production, exports and sales results

INA’s executive president details the upcoming opportunities for auto parts manufacturers in the country after COVID-19

Jose Luis Alomía reports a daily increase of 3.7 percent in positive cases bringing the national total to 36,37; of the deceased 69 percent are men

INA, AMDA, AMIA and ANPACT met with Mexican Senate’s working group on COVID-19 to label the sector as an essential activity.

Over the last decade, automotive industry in Mexico grew 134 percent in exports value! Should the industry really be worried about the sales downturn?

Vehicle production and auto part manufacturing were among the Top 3 economic activities in terms of FDI in 2019.

Once again, the Bajio’s privileged location - with direct land access to the US and to both oceans - paid off for the Mexican auto parts industry.