Mexico Braces for Influx of Japanese Auto Suppliers

About 40 Japanese parts makers are in talks to set up shop to feed assembly plants in Mexico. Within the next 2 years, there is an overall investment expected to reach 40% from Japan’s auto sector.  Japanese carmakers are rushing to Mexico, in part to tap low-cost labor.  But with auto exports from Japan hammered by the yen’s exchange rate, Mexico offers an even bigger plus: preferential trade access to 45 countries, including the United States, Latin American nations and members of the European Union.  Read more:

Mexico Braces for Influx of Japanese Auto Suppliers