Mexico’s Thriving Automotive Electronics Industry Needs Parallel EHS Boom
Mexico’s Thriving Automotive Electronics Industry Needs Parallel EHS Boom
My car (a Fiat 500e) was built in Mexico. Chances are yours may have been as well.
In one month alone -- August 2015 -- automakers produced in Mexico nearly 300,000 vehicles, exporting 80% of them. This production level is 7.7% higher than in August 2014. In fact, 30% of Mexico's exports are automobile, according to the Mexican Automotive Industry Association (AMIA).
For the electronics manufacturing services (EMS) sector in Mexico, these market statistics get even more attractive -- given that the share of autos' electronics is increasing faster than the overall value of auto content.
Specifically, Central Mexico -- more so than the USA-Mexico border region -- is attracting nearly every auto manufacturer and Tier-1 supplier you can name.
To read the rest, click on over for the full piece here.