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The Mexican Automotive Industry Report provides an overview of the transition of the industry to electromobility preparedness. Over the last several decades, the automotive industry in Mexico has emerged as a significant player on the global stage. Today, it plays a pivotal role in the world economy. With a strategic location, skilled workforce, and a favorable business environment, Mexico has become a key hub for automotive manufacturing.

Overview of Mexico’s Manufacturing Sector Mexico has emerged as a prominent player in the global manufacturing industry. With its strategic location, skilled labor force, and favorable trade agreements, Mexico has attracted numerous manufacturers from around the world. The country boasts a diverse range of manufacturing sectors, including automotive, aerospace, electronics, textiles, and more.

Trade and Mexico are at a crossroads. The manufacturing sector in Mexico is experiencing a period of significant evolution, driven by a complex web of geopolitical, economic, and social factors.

Industrial corridors refer to geographical areas that have a concentration of manufacturing, industrial and logistics activities. There are numerous corridors across Mexico. They play a critical role in shaping the North American manufacturing and industry sectors’ future.

The year 2026 marks a pivotal moment for the USMCA, as its first mandated review approaches. The US-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement (NAFTA) on July 1, 2020. The 2026 scheduled review is not just a mere check-in. It is a comprehensive evaluation with the potential to reshape the future of trade across North America.

IMMEX Program Simplified The Mexican IMMEX Program (Manufacturing, Maquila and Export Service Industry) is an instrument which allows companies to operate under a preferential tax and fiscal program. Foreign companies can transform and export goods or services temporarily brought to Mexico under this incentive program.