Latest from Stephen Downer
Mexico's auto industry has launched an effort to develop a national network of Tier 2 suppliers as U.S., German and Japanese automakers look to regionalize parts procurement.
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers.
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers. Tier 1 suppliers, the global giants that ship parts directly to automakers, are well represented in Mexico. But they import a lot of parts and raw materials that they need.
MEXICO CITY,June 1 -- Magna International Inc. is in talks with an unidentified Chinese automaker that wants to build cars in Mexico, a senior executive for the Canadian supplier says. Magna would run the plant and build the vehicles. The arrangement would be similar to Magna's setup in Graz, Austria, where the Aurora, Ontario, supplier's Magna Steyr unit has built cars for Chrysler, Porsche, Mini, Peugeot, BMW, Saab and Aston Martin.
MEXICO CITY -- John Campi [pictured], Chrysler LLC's chief procurement officer, promised to repair the automaker's relationship with its suppliers. Over the years, "We have managed to destroy the trust between us and our suppliers," Campi said in a speech here. "The fault lies in Auburn Hills," at Chrysler headquarters, he said. "I'm dedicated to correcting this issue. I want fierce collaboration with our supply base."
MEXICO CITY -- China FAW Group Corp. has paid several visits to the offices of INA, Mexico's national auto parts association, Agustin Rios [pictured], INA's interim president, told reporters Tuesday, May 13. FAW Group has formed a joint venture with the Salinas Group, a Mexican retailer, to build an assembly plant in Mexico. The factory will be in Zinapecuaro city, between the western city of Guadalajara and Mexico City. The venture aims to assemble three subcompact FAW cars: the Xiali, Vita and a model under development currently known as the TFC-W. Production is scheduled to start in late 2010. The venture plans sales in Mexico and Central America.
MEXICO CITY -- A Mexican conglomerate plans to import cars from China next year -- and build cars in Mexico with a Chinese partner by 2010. Salinas Group, a Mexican company with interests in financial services, communications and retailing, says it will produce Chinese-designed automobiles at an assembly plant in western Mexico. China's First Automobile Works Group, or FAW, will form a joint venture with Salinas to assemble the cars. Pictured: Tianjin FAW Xiali Automobile's Vita
