Editor’s Note: Mexico continues to be a hot spot for the automotive industry. Not only has the automotive sector grown dramatically in Mexico, but all indications are that the growth will continue. In the newly released On Demand Seminar, “Big Gains: Challenges & Opportunities for Auto Suppliers in Mexico,” Paul Pilkauskas highlights the challenges and opportunities in Mexico for automotive manufacturers and suppliers of all sizes that are looking for new, top line growth.
Big Gains: Challenges & Opportunities for Auto Suppliers in Mexico
Presented by Paul Pilkauskas, Business Development, Europe, Entrada Group
Pilkauskas views Mexico as an ideal way for automotive manufacturers to achieve growth and compete globally with companies of any size. In this seminar presented by GlobalBusinessProfessor.com, Pilkauskas discusses the opportunities for the automotive industry given Mexico’s trend toward localization of the supply chain, as Mexican government regulations demand that tier one OEMs have 60 percent local content. He points out that foreign automakers have invested $35 billion in Mexico from 2000-2015, and each of the 24 major OEMs have plants in Mexico, located primarily in the Central region. He states that the automotive industry is a key component of Mexico’s economy, and is vigorously supported by the Mexican government. Furthermore, Pilkauskas identifies the primary reasons manufacturers and suppliers come to Mexico, which include low operating costs, access to new markets and adding to top line revenue. In addition, he highlights additional key advantages, including a young, well-educated workforce and Mexico’s 12 free trade agreements, which provide access to 44 countries.
Click here to watch the seminar and learn about the challenges and opportunities of doing business in Mexico.
Paul Pilkauskas manages Business Development for Entrada Group in Europe. He has an extensive career in foreign direct investment and economic development, including more than a decade of experience in the automotive sector. For nearly two decades, Entrada Group has been guiding manufacturers in establishing and running their own cost-effective Mexican operations in order to enhance global competitiveness.
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GlobalAutoIndustry.com is the leading global business intelligence source for the automotive industry, connecting the worldwide auto supplier industry with the resources to effectively do business globally. Through the website, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets. GlobalBusinessProfessor.com is the leading online education company helping corporate professionals and business school students learn practical, up-to-date international business skills. GlobalBusinessProfessor.com offerings include On-Demand Seminars from practicing experts around the world, audio interviews, online courses, reports, studies and international business eJournals.
