MEXICO CITY The Mexican
automotive industry wants to maintain a good business
relationship with the United States amid President Barack
Obamas recent re-election last week and the beginning of
President Enrique Peña Nietos term Dec. 1.
Carmakers in the Latin American
country will look for more investment, an increase in exports
and the maintenance of free trade, Eduardo Solís, head
of Mexican auto industry association Amia, told AMM
sister publication Steel First Nov. 13.
"Free trade for us in new cars,
as required by Nafta (the North American Free Trade Agreement),
is essential for businesses in all three countries,"
Mexican auto shipments to the
United States rose 14 percent in October to 135,674 units,
according to figures published by Amia. Between January and
October, exports to the United States reached 1.25 million
units, up 10.8 percent from the same period last year.
Auto exports to the United
States have helped improve competitiveness in the Mexican
manufacturing sector, according to Guillermo Rosales Zarate,
institutional relations director at national association of
automotive distributors Amda.
"Mexican exports of finished
vehicles and auto parts are gaining ground in the (American)
market," he said. With this in mind, "the potential for
attracting more investment in the automotive sector is very
viable and positive."
Mexicos relationship with
the United States hasnt been completely positive,
In September, Amda asked Nieto
"to take necessary measures to stop the import of used vehicles
from the United States."
The number of used vehicles
imported into Mexico between January and July was equivalent to
44.4 percent of total new car sales in the country over the
same period, the association said.
A total of 239,100 used vehicles
were brought into the country between January and July of this
A version of this article
was first published by AMM sister publication Steel