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Chinese automakers want to expand in Mexico
At least three Chinese automakers are preparing to produce vehicles in Mexico or expand their existing operations
Mexico’s automotive industry is threatened by exports drop
Carmaking is a pillar of Mexican manufacturing and a forecast that output and exports would decline again in 2020 does not augur well for Mexico’s stagnant economy
Mexico needs to focus on the automotive industry
This industry employs over 800,000 people and in 2018, Mexico became the 6th largest car producer
Trump threatens Mexico with border closure and tariffs on cars
"Mexico understands that we’re going to close the border, or I’m going to tariff the cars,” Trump told reporters
Mexico and Brazil reach light-vehicle free trade agreement
In addition to the Brazil agreement, Mexico has renewed auto trade quotas with Argentina for the next three years
Nissan to lay off 1,000 Mexican workers
Nissan attributed its decision to a “decline suffered by the Mexican automotive industry"
Chinese car maker BAIC to build plant in Mexico
The plant will likely be built in Yucatán and begin operating in 2022
BMW to expand 3 Series production in Mexico
Notimex reported that 175 thousand annual units of the 3 Series will now be manufactured in Mexico
Taking the new Tesla Model 3 for a spin
In San Francisco, a team from EL UNIVERSAL was allowed to test drive the latest Tesla model
Mexico’s automotive industry among the best in the world
Mexico's automotive sector represented revenues of 31,910 million dollars in the first half of 2018