Musashi Auto Parts Mexico has expanded its operations in San Luis Potosí with an investment of more than US$50 million to increase manufacturing capacity and support new hybrid vehicle production programs. The project is expected to create 300 direct jobs. The…
A proposed reform to Mexico's Income Tax (ISR) Law threatens to bankrupt up to 30% of the country's automotive dealerships and jeopardizes 70,000 direct jobs, according to the Mexican Association of Automotive Distributors (AMDA). The reform, included in the federal government’s 2027 Economic…
IR Insider Tariffs Send Mexico’s Auto Industry Into First Gear US-Mexico tariff relief negotiations hit a renewed impasse on Thursday due to objections from Commerce Secretary Howard Lutnick. This comes a week after Mexico’s Institute for National Statistics and Geography…
The clarification relates to a decree published on 13 October. Mexico’s Ministry of Economy has said that a five-year tariff exemption for imported vehicle parts is available only to carmakers that already have production facilities in the country. The clarification, issued…
Mexico’s Ministry of Economy clarified that only 11 passenger car manufacturers with production facilities in the country may apply the zero tariff rate to components for vehicle assembly. The Rio Times reports. The clarification was published on October 16, 2026, two days after…
Workers at St. Thomas auto parts plant Unimotor learned this week that production will be cut at the facility and moved to Mexico, resulting in an undetermined number of layoffs. In a statement, New York-based Standard Motor Products (SMP) said…
Mexico has limited a new five-year tariff break on imported car parts to automakers that already produce vehicles in the country. The decree cuts the import tariff from 10% to zero for five years on certain car assembly parts, including semi-knocked-down…
MEXICO CITY, Oct 16 (Reuters) – Mexico said on Friday that a new five-year tariff break for imported car parts will apply only to automakers that already have production facilities in the country. The clarification comes several days after industry analysts raised…
LAGOS – As the Federal Government has directed ministries, departments and agencies to prioritise locally assembled vehicles in their procurement, questions remain about whether the policy will deliver on its promises since assembly plants are operating far below capacity, used-vehicle…
Monthly production averages US$10.6 billion, compared with US$9.8 billion in 2025 and US$10.4 billion in 2024 Auto parts exports totaled US$64.9 billion in the first seven months of the year, with imports of US$43.3 billion, leaving the sector with a trade surplus…
Prices and Tariffs in Auto Parts: the news, the names and what changed.
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