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Mexico: Chinese vehicles account for 30% of imports and 20% of sales
plant in the south is mainly for the domestic market. Nissan's production in Mexico is notable for having the highest proportion of its production destined for domestic (Mexico) sales (approximately 40%) among major OEMs. Production of the new Kicks compact SUV is scheduled to begin in 2024. COMPAS (Cooperation Manufacturing Plant Aguascalientes) in Aguascalientes, a joint venture between the Mercedes-Benz Group and Nissan, produces the In...
Market & Tech Reports Updated at: 2024/06/14
Mexico: Investment plans for near-shoring and EV shift
Mexico (Source: Stellantis) Stellantis' Mexican production in 2022 increased by 2.0% from the previous year to 415,000 units, ranking third, and surpassing Nissan. Stellantis produces the Ram full-size pickup truck and the ProMaster van at its main plant in Saltillo in the north, and the Jeep Compass compact SUV in Toluca in the central region of Mexico. Most of them are exported mainly to the U.S. (the export/production ratio in 2022 will ...
Market & Tech Reports Updated at: 2023/04/24
The USMCA and the Mexican Automotive Industry
he full year 2021 was 4.8%, and although it is recovering, it has not recovered from the decline in 2020. Nissan: Produces a wide range of vehicles from pickups for the domestic market to Infiniti models for the U.S. market Infiniti QX55 (Source: Nissan)Production to begin in April 2021 at COMPAS, a joint venture with Mercedes-Benz Although Nissan's production in FY2021 suffered by several plant shutdowns and production cuts due to...
Market & Tech Reports Updated at: 2022/04/01
Japanese suppliers in Mexico: Response to increasing orders for EV materials, etc.
ion volume will be increased to 266,000 units. Nissan Motor Co., Ltd. (Nissan) started production of the new Versa and the new Sentra at Aguascalientes plants No. 1 and No. 2 and the Cuernavaca Plant one after another in 2019. The company also invested over USD 600 million to refresh five models. COMPAS (Cooperation Manufacturing Plant Aguascalientes), a joint venture plant between Nissan and Daimler, started operations in 2019 to intensively p...
Market & Tech Reports Updated at: 2021/07/28
Start of USMCA and Mexican automobile industry trends
5.4% 65.5% 66.2% 62.1% Source: Mexican Auto Industry Association (AMIA), Instituto Nacional de Estadistica y Geografia (INEGI) Notes: 1. Production volume represents the total number of passenger cars and light trucks. This number does not include the production and export volumes of Daimler’s COMPAS Plant (a joint venture plant between Nissan and Daimler). 2. Sales volume represents retail sales figures, including imported cars. It reflects...
Market & Tech Reports Updated at: 2020/07/17
OEM Measures to Expand Sales of SUVs and Pickups in the U.S.
le began in the same year. The GLB is positioned to fill the gap between the GLA and GLC models, expanding the automaker’s lineup of SUVs. The model is powered by a 2.0-liter, four-cylinder engine, with front-wheel drive as standard (four-wheel drive available as an option) and is manufactured at COMPAS (Cooperation Manufacturing Plant Aguascalientes) in Mexico. Additionally, in 2019 Daimler released its flagship full-size SUV, the GLS serie...
Market & Tech Reports Updated at: 2020/05/20
Mexico shifting production of compact cars to SUVs/pickups to meet the US demand
t destinations (Sep. 2017) According to the Mexican Auto Industry Association (AMIA)/ Instituto Nacional de Estadistica y Geografia (INEGI), light vehicle production volume in Mexico was 3.91 million units in 2018. This figure does not include the output of the Mercedes-Benz A-Class from the COMPAS joint venture plant between Daimler and Nissan. When Daimler’s production volume is added, Mexican production in 2018 is the same as last yea...
Market & Tech Reports Updated at: 2019/04/11
Japanese Suppliers in Mexico: Focusing on Changes to NAFTA
on units, a decrease of 7.1%. OEMs are reported at this point to have no changes to their plans to increase production capacity in Mexico, except for Ford which has announced the cancellation of the construction a new passenger car plant in Mexico. At the end of November 2017, production began at COMPAS, the Nissan and Daimler joint venture plant; however, the development and production of a second Infiniti model were frozen. With BMW’s first...
Market & Tech Reports Updated at: 2018/10/12
Mexico: OEMs advance plans to increase production, consider diversifying export destinations
ty for 600,000 units Domestic market: Vehicle sales growth stalls, sales ratio of compact vehicles at over 60% Renault-Nissan: Producing Infiniti and Mercedes-Benz models at joint venture plant with Daimler GM: Expanding production and export of its compact Equinox SUV FCA: Export base for the Jeep Compass compact SUV VW: Increased production and export of the Tiguan compact SUV Ford: Cancelled construction of its new compact vehicle plant, incre...
Market & Tech Reports Updated at: 2017/10/10
LMCA Client Alert: Trump Trade Policy
rced Mexico Sourced Notes 2016 2020 2016 2020 2016 2020 Volkswagen 55% 43% 12% 17% 32% 40% Highly exposed both inside and outside NAFTA Mazda 86% 75% 0% 0% 14% 25% Mazda3 at risk with sourcing mix change Renault-Nissan 24% 25% 54% 50% 22% 25% US mix declining, Mexico presence increases with COMPAS JV GM 7% 6% 65% 66% 14% 19% Imports outside NAFTA reduced, but popular model sourcing shifts to Mexico a risk Ford 2% 4% 79% 73% 12% 18% ...
Market & Tech Reports Updated at: 2017/01/27
Mercedes-Benz: Steady growth driven by new E-Class, SUVs, and PHVs expected in 2016
new jobs. The plant built 300,000 units in 2015 (233,000 units in 2014). Production network enhancements in Mexico, Brazil, India, Hungary, and Finland Mexico In September 2015, Daimler and the Renault-Nissan Alliance broke ground on a fifty-fifty joint-venture manufacturing complex called COMPAS (Cooperation Manufacturing Plant Aguascalientes), in Aguascalientes, central Mexico. The total investment by both partners totaled USD 1 billio...
Market & Tech Reports Updated at: 2016/05/23
Mexico: Toyota to join Audi, Kia, BMW and Nissan/Daimler in building new plants
on to start in 2H 2016) Audi Q5 (from 2H 2016) Annual production capacity: 150,000 units VW total 475,121 312,513 324,146 BMW San Luis Potosi (Production to start in 2019) Models to be decided later Annual production capacity: 150,000 units Daimler and Renault-Nissan Alliance Aguascalientes (COMPAS) Joint venture plant between Daimler and Renault-Nissan Alliance (production to start in 2017) Infiniti models (from 2017), Mercedes-Benz model...
Market & Tech Reports Updated at: 2015/11/16