The renegotiation of NAFTA was a wake-up call for Mexico to reconsider its position as a manufacturing hub. Although the country has definite advantages as a low-cost production and investment destination, its industry still has not fully developed the right support for incoming projects. Local suppliers must take advantage of the opportunities that new companies will bring and rise up to the challenge of becoming true collaborators in a global industry.
This second chapter features the perspective of leading Mexican companies looking to grow their position as OEMs and suppliers in a highly competitive industry. Success stories are featured, as well as key factors that could help local companies grow their presence among new and already established investors. This chapter will also help the reader understand what is Mexico’s role as a contributor to the automotive production chain.
Main question to answer
How can Mexican companies grow their position as global suppliers in and out of the country?