The company was co-founded in 2006 by its current CEO, Carlos García Ottati, in Mexico City
Nissan halted its Mexico car production for two months due to the pandemic
The German automaker said the shutdowns are to preserve public health
Several automotive companies are temporarily closing their plants to prevent the spread of the novel coronavirus
The measure seeks to protect the company from the expected drop on the demand of vehicles linked to the COVID-19 pandemic
The German carmaker will suspend production at its plant in Puebla from March 23 through April 13
Toyota said it will move Tacoma production from the United States to Mexico as it adjusts production around North America
With the ratification of the USMCA, the arrival of new Chinese auto parts firms is expected to fulfill the new rule of origin for the production of vehicles on North America
At least three Chinese automakers are preparing to produce vehicles in Mexico or expand their existing operations
Carmaking is a pillar of Mexican manufacturing and a forecast that output and exports would decline again in 2020 does not augur well for Mexico’s stagnant economy