AUTOMOTIVE IndUsTrY In MExIcO Ready to Overtake - ProMéxico

1 Sources: For light vehicles AMIA, for commercial vehicles ANPACT. 2 Sources: For light vehicles AMIA, for commercial vehicles AMDA.
44 Negocios ProMéxico Negocios ProMéxico 45
Running in the Fast Lane
In 2011, the Mexican automotive
industry manufactured
Automotive industry
accounted for
Increasing Production at High Speed
Mexican Vehicle Production
(Units per year) 1
85,573
98,805
91,779
86,999
64,156
92,372
136,678*
144,700
Mexico’s
AUTOMOTIVE
Industry
136,678
commercial
vehicles 1
2.55
million
light vehicles
1 Including heavy trucks, buses and coaches
1’607,376
Total 2005: 1’692,949
1’978,771
Total 2006: 2’077,576
Total 2007: 2’114,020
1’507,527
Total 2009: 1’571,683
Total 2010: 2’353,147
Commercial Vehicles
2’260,775
2’022,241
2’102,801
Total 2008: 2’189,800
2’557,550
Total 2011: 2’694,228
2’409,343
Total 2012: 2’554,043**
Light Vehicles
671,711
direct jobs
in Mexico
Mexico is
the world’s
8th
Producer
of light
vehicles
6th
Producer of
commercial
vehicles
2.14 m illion u nits in 2 011
5th
Exporter
of light
vehicles
A Growing Market
Mexico’s Automotive Industry Sales
(Units per year) 2
31,938
46,597
51,742
46,689
22,892
26,981
31,207
*Source: OICA ** Forecasts for light vehicles Global Insight and commercial vehicles Business Monitor International.
754,918
Total 2009: 777,810
6th
9 6,35 8 units in 2 011
Exporter of
commercial
vehicles
1’131,768
Total 2005: 1’163,706
1’139,718
Total 2006: 1’186,315
1’099,866
Total 2007: 1’151,608
Total 2008: 1’072,209
820,406
Total 2010: 847,387
905,886
Total 2011: 937,093
1’025,520
There are over
300
TIER 1
suppliers in
Mexico
85,573
98,805
91,779
86,999
64,156
92,372
96,358***
***Estimated with information from BBVA.
During 2011, the automotive
industry represented
6%
of FDI in
Mexico
Exports
Mexican Vehicles Exported
(Units per year) 3
1’186,346
Total 2005: 1’271,919
Total 2006: 1’635,573
1’223,333
Total 2009: 1’287,489
4%
of the country’s
GDP
1’536,768
1’613,313
Total 2007: 1’705,092
1’661,406
Total 2008: 1’748,405
1’859,517
Total 2010: 1’951,889
2’143,879
Total 2011: 2’240,237
20%
of the manufacturing
industry GDP
23%
of total Mexican
exports
Moving the world
Mexico’s Automotive
Industry Exports
(Million USD) 4
‘05
32,092.44
‘06
39,494.90
‘07
41,898.71
15%
Latin America
‘08
42,821.61
Where do
vehicles made in
Mexico run?
Light Vehicles
Exports
by Region 5
Negocios figures
0.4%
Africa
19 of the world’s major
auto manufacturers have
presence in 15 Mexican states
‘09
33,755.79
71%
North America
10.3%
Europe
‘10
51,739.27
‘11
62,900.75
1.2%
Asia
‘12
10,009.36
January and February
Other
2.1%
infographic oldeMAr
3 Sources: For light vehicles AMIA, for commercial vehicles ANPACT. 4 Source: Banco de México. 5 Source: AMIA.