Mexico’s position as a low-cost manufacturing hub is no longer enough to keep potential investors interested. Technological evolution and the adoption of new trends like mobility and electrification are forcing the country to participate in a more advanced environment. Without a proper strategy to face these challenges, Mexico risks losing its position as an automotive leader. Technology integration, local supplier development and the evolution of capable human talent are among the most pressing needs the country faces on its road to success.
In this chapter, several Mexican leaders share their perspective on what should be the country’s priorities to remain competitive in the automotive industry. From the rising national players to the longstanding suppliers that have created an international image, Mexico’s Engineering Drive features both challenges and success stories related to the Mexican market and how the country is advancing toward an added-value offering.
Main question to answer
How attractive is Mexico as an engineering destination and what can national players do to improve this image?