Nearshoring and T-MEC and their impact on the automotive industry
MMS | May 18, 2022 |

The industry has undergone interesting and complex changes almost two years after the beginning of the T-MEC, motivated by the movement of production that they made, especially in China and in some cases in Japan and Germany, and now they are directed to the American region, as well It was pointed out by Manuel Montoya, general director of the Automotive Cluster of Nuevo León (CLAUT).

In this sense, the manager specified that the process of dealing with new suppliers normally goes from six to ten months, from the initial contact to the closing of the business; but this period is shortening.

“A transnational went to the cluster last year, and although it is not from the automotive sector, it came looking for us because it needs similar suppliers. They brought 600 million dollars of pieces that they made in China and that they are looking to locate in Mexico, Montoya said.

Check here: Northern border markets capitalize on the country's industrial demand

“It is the type of nearshoring that we are seeing, stop producing components and subcomponents in Asia, especially – also something from Europe – and do it here”.

Another plastic injection company that in 2020 had a 13% drop in sales compared to 2019; but in 2021 they increased 15% compared to 2019. With 9 million dollars from new customers and 9 million dollars from customers they already had, they estimate that this year they will grow up to 30% compared to 2019.

He added that all these cases are the effect they are seeing as a result of the entry into force of the T-MEC rules of origin, which are forcing transnationals to look for suppliers in Mexico.

Likewise, Montoya said that although fewer cars are being produced in the region, in Mexico more parts are being made for each vehicle.

Of interest: Jatco launched its new line of transmitters at its plant II in Aguascalientes

For his part, Manuel Valdés, general director of Questum and president of the CLAUT board, indicated that in the last two years they have received the largest number of listing requests he has seen in his career.

Finally, Rubén Leal, general director of Fanasa and president of the Tier 2 committee of CLAUT, said that the Mexican automotive industry has always been a launching point and other industries have followed suit.

“We see investments not only in the automotive part but in other industries. All of this has brought about a series of projects and demand, which the local supplier has had and has taken on the challenge of assuming,” Leal commented.

In Solili you can consult industrial warehouses available in  Monterrey, Saltillo and Guanajuato

Original note

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter

  
Advertisinginfo