The German automaker is increasing manufacturing capacity at its San Luis Potosi plant in Mexico, with battery-electric vehicles expected to account for the new production.
Tesla refuses to confirm or deny the plans. But a statement from AMIA, the Mexican automotive association, says a new Tesla plant would benefit the Mexican automotive industry and market, where EV sales are below 1%...
The head of Mexico’s largest auto-industry association says production interruptions because of chip-related parts shortages should end in second-half 2022, having already been reduced to a few hours a week from full...
It has been a challenging year for Mexican automakers tasked with implementing requirements of the year-old U.S.-Mexico-Canada Trade Agreement, including minimum-wage provisions.
JD Power’s Gerardo Gómez thinks that if Mexico successfully creates an expanded low-cost parts sector, it could reduce the cost of making some cars in North America by 10% within 10 years.
