( 23), India ( 31) or China ( 18) to the
U.S., which makes for lower costs.
Mexico has easier access to the
U.S. market via trucking, due to the
extensive border that the two countries
share and agreements about trade flow
over land. Close to 13,500 commercial
trucks cross the U.S.-Mexican border
MAIN INVESTMENT INDUSTRIES:
For the last 10 years, the automotive
sector in Mexico has been the most
important destiny of the foreign
investment in Mexico. In the last
decade, the number of automotive
manufacturers to join the Mexican
market has risen significantly. In 1994
the NAFTA’s establishment raised up
Mexico’s economy and accelerated
the growth of the country’s already
solid automotive industry that really
saw the sector explode. The Mexican
Association of Automobiles (AMIA)
data shows that Mexico has gone from
producing 505,202 cars in 1988 to
2,933,455 in 2013.
The recent investment announcements
by luxury OEMs like Audi, Mercedes-Benz, Nissan Infiniti, and BMW
change the face of Mexico as a vehicle
manufacturer and give the country
tremendous credentials to continue
• Fifth world exporter of light vehicles
and now the world’s sixth largest
vehicle producer in the world.
• More than 300 Tier 1 suppliers located
in 17 states of Mexico.
• Out of the Top 100 auto parts
companies in the world, 84 have
set up manufacturing operations in
Mexico: 26 percent from the U.S., 31
percent from Japan, and 23 percent
• General Motors has been the company
in its field to have invested the most in
the country from 2006 to the present.
• Ford Motor Company has invested
more than US$3 billion in Mexico
with the objective of expanding its
manufacturing operations in plants in
Hermosillo, Cuautitlán, and Chihuahua.
• Nissan Motor Company will invest
US$2 billion to expand its plants in
Aguascalientes and Morelos in order to
increase its operating capacity.
• Honda has finalized a new auto plant
in Mexico of a value of US$800 million
for sub-compacts manufacturing
• Mazda Motors Corporation has
invested US$500 million to build a
vehicle and engines manufacturing
plant in Guanajuato.
• Chrysler / FIAT Group US $500
million expansion of its Saltillo,
• Audi is now investing $1.3 billion in
• VW selected Guanajuato to invest
over $800 million for their new plant.
• BMW will begin the construction
of its new manufacturing plant in San
Luis Potosi with an investment of
Mexico has consolidated its aerospace
sector as a global leader. It has recorded
almost 20 percent annual growth in
the last 10 years. Currently there are
271 companies and support entities in
This industry has important clusters
mainly in six different states in our
country: Chihuahua, Nuevo Leon, Baja
California, Sonora, and Queretaro, and
other states employ more than 40,000
high skill level professional workers.
In 2013 exports from this industry
reached a value of $5.7 billion.
According with the strategic program
of the aerospace sector, the industry
is expected to export $12.3 billion in
2020 with a 14 percent average annual
Bombardier is probably one of the
most successful business stories. Since
its arrival in 2006 in Queretaro the
company has invested more than $500
million in their plants.
While Asia is still a highly attractive
offshoring destination, these dynamics
have made near shoring in the North