Regional supply chains and the coronavirus effect
The pandemic is likely to set globalization back It is no secret that thanks to the pandemic, the world will never be the same, but that might not be as bad as it sounds. The coronavirus has shown that having a centralized supply chain, as it was with Asia, is not as strong as previously thought, as […]
Companies are moving to Mexico due to COVID-19
Coronavirus has boosted the Mexican automotive industry The effects of the COVID-19 have been felt all across the globe, through all channels. Economy, education, industry, the whole world is standing still as measures are being taken in order to end the crisis. The effect on the worldwide automotive industry has been reflected with a shortage […]
What is the USMCA and how does it benefit Mexico?
USMCA is the new free trade agreement between Canada, USA, and Mexico agreed in 2018. This agreement is a revision of NAFTA that seeks to strengthen the support of manufacturing by rebalancing trade, amongst other things. What implications can this have over your industry? Importers will no longer require formal certification of origin under the […]
USMCA will give Mexico more investment in auto parts
Up to 20% of the investments that will be relocated from other regions will be captured to supply the North American market, presumes. With the launch of the Agreement between Mexico, the United States and Canada (USMCA), Mexico could capture at least 20% of new investments from Japan, Germany, South Korea and China that will […]
