The automotive sector is a manufacturing industry with significant growth potential in developing economies such as Mexico, Brazil, and India, among others.
In recent years, the automotive industry in Mexico has experienced notable growth. In 2015, the country achieved a historic milestone by producing 3.4 million light vehicles. Mexico is ranked as the eighth-largest producer of light vehicles and the sixth-largest producer of heavy vehicles in the world. The automotive sector contributes 6% to Mexico's GDP and accounts for 18% of its manufacturing output.
In 2015, Mexico exported 2.76 million cars, reflecting a 4.4% increase compared to 2014. By 2018, it was projected that four million vehicles would be sold internationally.
ARNI Consulting Group can support your company in navigating the process of entering this market. Together, we can develop and implement a strategy that will help you overcome any challenges your corporation may face. Contact Us
