The investment and reinvestment for the construction of extensions of plants and research centers, innovation and development of electrical parts, pieces and systems for the automotive industry of North America, despite the storm of tariffs unleashed by Donald Trump, said Francisco González, executive president of the National Autopartes Industry (INA).
“The investments are still standing, a wind change is not a change of resource in the auto parts industry,” said the businessman during the presentation of the 3rd International Automotive Industry Summit meeting.
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Mexico is an unbeatable market in quality and costs in the production of auto parts, according to the German consultant Roland Berger.
“That does not change in the short and medium term for the storm (unleashed by the tariffs ordered by Donald Trump),” said the representative.
“We see that investments, which were standing, continue for Mexico, for example a company with operations in Querétaro will produce the first electric brakes for North America,” he said.
The investment in research and development continues, although new investment does not arrive because they are seeing how the winds and the destination of investors are Mexico, Francisco González said.
Gabriel Padilla Maya, General Director of the National Auto Part industry, explained that there is a process of increasing reinvestments in the expansion of manufacturing plants and innovation and development centers.
“When we talk about innovation and development centers we are talking about the auto parts industry is preparing to adapt to technological change,” he said.
The top five of auto parts produced and of which we will have demand in the International Automotive Industry Supply Summit will be the electrical parts, the clutch transmissions, fabrics, carpets, parts of engines and suspension and direction systems.
The electrical parts are 20 percent of the auto parts produced in Mexico, recalled the general director of the INA.
“Mexico not only ceased to be a country of assembly to become where technology and advanced manufacturing develops in integration with North America,” he said.
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In the midst of the storm, he said, the new ones in the auto parts industry, as in all new planning exercises, are waiting for greater certainty to terrify in 2025 or the next few years.
“Today there is a great interest in coming to Mexico to see what is happening, more than this climate of tariffs of removing investors, suppliers, international missions, on the contrary opportunities are opened to strengthen commercial integration,” concluded Gabriel Padilla Maya.
