The global automotive industry has entered an era of transformation,
creating both new opportunities and challenges to be overcome for Mexico
as a key manufacturing location. Digitalization and electrification are
reshaping the vehicle of the future, the global shortage of semiconductors
create unique challenges, while geopolitical trends combined with the
COVID-19 pandemic are reshaping global supply chains. At this time of
change, Mexico has the opportunity to go beyond maintaining its position
as a leading vehicle and auto part manufacturer in North America and
strengthen role in the global automotive industry.