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Thursday 18 December 2014
   

Mexico benefited by automotive crisis

Mexico City,- In spite of technical stoppages and the 30% drop in vehicles production in 2009 Mexican automotive industry was benefited by the automotive crisis.

Mexico was consolidated as a high-quality, inexpensive-labor manufacturing center, which will absorb part of the production of vehicles which will not be assembled in the USA and Canada anymore, experts in the sector concurred.

Armando Bravo, Head of the Development Center for Automotive Industry in Mexico (Centro de Desarrollo de la Industria Automotriz en México – Cediam), said that the automotive crisis accelerated investment projects by Volkswagen (VW), Chrysler and Ford.
Next year, VW will start producing Polo in Puebla; Ford will assemble Fiesta in Cuautitlan and Chrysler will manufacture Fiat 500 in Toluca.

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