6 Luxury Cars You Didn’t Know Were Manufactured In Mexico
When automakers look for a place to build their factories, what do they look for? Three important things:
- Labor costs
- Trade agreements
- Proximity to their biggest markets
When automakers look for a place to build their factories, what do they look for? Three important things:
In today’s business climate, more and more companies are nearshoring or offshoring their manufacturing. If you’re looking to move your manufacturing to another country, you should consider Mexico. There are many great reasons to do business in Mexico. Supply chain strengths are one of the best reasons.
Read More…Did you know that hundreds of Fortune 1000 companies have relocated their manufacturing to Mexico? Mexico is currently in the midst of a manufacturing boom. It has become a prime manufacturing location for U.S. and Canadian auto parts distributors. This is due to its proximity to these countries and many other advantages.
Just how long does it take to move cargo from point A to point B? These are tough numbers to nail down as there are dozens of factors involved such as distance, customs delays, and so on.
Did you know that Mexico is the fifth-largest OEM and aftermarket auto parts manufacturing hub in the world? Many US and Canadian companies are moving their manufacturing to Mexico because doing so comes with a variety of benefits. Let’s cover seven of them.
Outsourcing to Mexico is an increasingly popular decision among U.S.- and Canada-based auto parts businesses. In fact, about 12% of the parts and components in the average U.S.-built car came from Mexico.
An increasing number of Fortune 1000 companies are moving manufacturing to Mexico. It’s a prime manufacturing location for many reasons.
Did you know that Mexico is a green manufacturing powerhouse? In 2013, Mexico embarked on a major energy reform plan. Since that time, growth in renewable energy output has been dramatic. By 2024, 35% of the electricity used in Mexico will be generated by renewable energy sources.
At the turn of the century, U.S. and Canadian companies started noticing the many benefits of manufacturing in Mexico. Today, over 35 billion U.S. and Canadian dollars have been invested into Mexican manufacturing facilities, and the number of U.S. and Canadian businesses outsourcing to Mexico continues to grow every year.
Working with a contract manufacturer is one of the most important relationships your company will have. The quality of your products play a big part in your company’s success, and the manufacturer you choose has a lot of control over this.