GlobalAutoTV
Click to watch Ricardo Castro-Garza -
Click to watch Ricardo Castro-Garza -
latin resources

Need an office in Mexico or Brazil? Office suites, meeting rooms, virtual offices, network access



free downloads
LATIN AMERICA: "Brazilian automotive industry yearbook (2013)"

LATIN AMERICA: "Brazilian automotive industry yearbook (2013)". 164-page yearbook by ANFAVEA Brazil. (33MB file size)

proceed to download
eJournals




back to index backLATINtalk June,  2004


International Location Report: Mexico Maintaining a Place in Global Manufacturing

Despite dealing with a collapse in oil prices and threats of new tariffs to be imposed by the incoming Trump administration, Mexico retains significant economic advantages.

The moment Donald Trump declared that the United States is going to slap tariffs on Mexican manufactured goods imported to the United States, all discussion of the future of the Mexican economy became dominated by the prospect of a Trump presidential-election victory and its potential effects on the North American Free Trade Agreement. And now that there's a new Trump administration in Washington, D.C., everyone has been trying to predict exactly how President Trump will make good on his promise to American voters and how the southern member of NAFTA will respond.

It may have been telling that Trump's biggest gambit after the election was to persuade United Technologies' Carrier air-conditioning division to reverse its earlier plan to move 2,200 jobs from Indiana to its operations in Mexico, and instead to retain about half of those jobs in America.

"Mexico is in deep trouble," Alan Blinder, head of the Economics department at Princeton University, told Area Development. "Even if Trump can't outright abrogate NAFTA, there are many things he can do on his own authority that will throw a huge monkey wrench into trade between the U.S. and Mexico."

Yet Mexico can rely on a significant counterweight to any such plans: its established, significant place in global manufacturing and logistical networks that have been built with the appeal of Mexican factories at the center.

"It's not as simple as someone deciding just to bring all components manufactured back to the United States and have them put into cars in the United States," says Dan Sandberg, president and CEO of Brembo North America, a major supplier of brake components to automakers worldwide. "One reason is the ramifications for consumers: Do Americans really want to pay $70,000 for a car that now costs them $35,000?"

To read entire article, please click here.

Source: Area Development - GAI





previous page

go top
search our site


Loading

LATINtalk

Other articles from the same issue (June,  2004).

Mexico Sees May LV Sales Record
play read on

Mexico: the potential of its automotive powerhouse
play read on

Brazil’s Automobile Production Soars 33.8% in May
play read on

Argentina Creates Tax Benefits Regime for Auto Parts and Motor Vehicles
play read on

Mexico: Why a $1.6bn car plant has been left to decay
play read on

Growing Opportunities in Colombia’s Automotive Market
play read on

Trucks: North America Rebound May Be Set to Slow
play read on

Brazil seems to be climbing out of the worst recession in history
play read on

Mexico warns on NAFTA sourcing: 'Don't shoot ourselves in the foot'
play read on

A talk with Mexico's NAFTA advocate
play read on

Brazil tightens corruption controls on banks and listed companies
play read on

Will There Be a Silk Road to South America?
play read on

Latin American economy rebounds in Q1 after long and painful contraction
play read on

Mexican Tax Authorities Step In On The Subcontracting Regime
play read on

Unemployment in Brazil: 70 percent are between 18 and 39
play read on

International Location Report: Mexico Maintaining a Place in Global Manufacturing
play read on

Mexico’s Manufacturing Activity Seeks the Path to Recovery in 2017
play read on

Doing Business in Mexico 2017 - downloadable report
play read on

Mexico Economic Outlook
play read on

Argentina – Business Visa Waived for 35 Countries
play read on

Labor legislation for foreign workers in Brazil
play read on

Brazil: Tax and financial incentives
play read on

Argentina: Political unrest in Brazil threatens economic recovery
play read on

Brazil record trade surplus and industrial production up 0.6% in April
play read on

What’s the difference between an border tax and import tariff?
play read on

Costa Rica Remains The Most Prosperous Nation (in Central America)
play read on

Nearshore & Offshore Software Developers are Key to Overcoming Talent Drought
play read on

Double Nationality in Mexico
play read on

Latin American exports rebound in first quarter of 2017 pushed by commodity prices
play read on

How to invest in Brazil
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120