Mexico Automotive Industry Growth

S automobile industry has been almost completely remade after 20 years into NAFTA North American Free Trade. Mexico's auto industry is losing speed Investment in car and truck production is down more than 40 this year raising questions. The Mexican automotive industry is on the rise since its receiving great investment flows from Japanese car companies. Major global automakers have their eyes on Mexico In the month of April they've announced the construction of new factories.

So thank you so today we will talk about two important points and number one the outlook for the automotive industry in Mexico for Automatic captions. Mexico can now claim bragging rights as Latin America's automotive leader For the first half of this year Mexico surpassed. With a new North American free trade deal expected to take effect this year Mexico is hoping for a period of improved economic. Mexico is struggling to close the year with signs of economic recovery Various factors including the pandemic are affecting that.

Correspondent John Holman reports on Mexico's robust and fast- growing car and aerospace industries. Throughout the years Mexico's automotive manufacturing industry has seen significant growth and transformation The country is.