Mexican Auto Production And Exports Are Surging As NAFTA Talks Drag On Automotive Industry

Mexican Auto Production And Exports Are Surging As NAFTA Talks Drag On Automotive Industry

Automotive industry news mexicoMEXICO CITY—By attacking the North American Totally free Trade Agreement, promising a U.S.-Mexico border wall and embracing protectionist policies, President Trump has managed to dent Mexico’s auto business more than the final year. By the year 1959, the automotive division of BMW was in financial difficulties and a shareholders meeting was held to determine whether or not to go into liquidation or discover a way of carrying on. It was decided to carry on and to attempt to money in on the present economy automobile boom enjoyed so successfully by some of Germany’s ex-aircraft companies such as Messerschmitt and Heinkel. The rights to manufacture the Italian Iso Isetta were purchased the tiny cars themselves had been to be powered by a modified type of BMW’s personal motorcycle engine. This was moderately productive and helped the business get back on its feet. The controlling majority shareholder of the BMW Aktiengesellschaft since 1959 is the Quandt family members, which owns about 46% of the stock. The rest is in public float.

The Automotive cluster of State of Jalisco is now considering the education of human sources in its organizations, via partnerships with universities such as the Universidad Autómata de Guadalajara (Guadalajara’s University of Robotics”) and the Universidad del Valle de Atemajac (University of the Valley of Atemajac”) in order to enhance the technical know-how of the business members’ engineers. Targeting human resources appears to be a national concern not only for the automotive industry and its clusters – as it appears in the lengthy-term approaches of larger clusters like CLAUT or Clúster Automotriz Estado de México -, but for all the industrial fields of an economy which remains primarily primarily based on manufacturing activities.

Automotive manufacturing in Mexico, as is the case with most of the country’s large scale …

Read More