As global trade dynamics evolve, Mexico's automotive sector is hitting the accelerator 🚀. Despite former U.S. President Donald Trump urging Americans to “buy American” before implementing tariffs in 2018, industry experts reveal a reality check: modern cars are truly global creations, with parts crisscrossing borders like never before.
🌎 “You literally cannot purchase a completely U.S.-made vehicle today,” explains one analyst. This complex web of international production has become Mexico's superpower — the country now manufactures 3 million+ vehicles annually, with 90% exported worldwide.
Mexico's strategic advantages? Skilled labor costs 30-50% lower than in the U.S., plus free trade agreements spanning 50+ countries. Major automakers like GM and Nissan have doubled down on Mexican factories in recent years, while Asian companies pour $1.5B+ into new EV battery plants ⚡.
Though U.S. tariffs initially caused speed bumps, the industry adapted through clever supply chain innovations. As one Mexico City mechanic told us: “Every car is a world traveler now — ours just collect the best parts for the ride.” 🌍✨
Reference(s):
Mexico’s auto industry thrives amid global supply chain ties
cgtn.com