Heavy Vehicle Manufacturing in Mexico
During December of 2013, Mexico’s foremost industrial magazine, Mexico Now, hosted its Auto Industry Conference in the City of Puebla. Puebla is one of Mexico’s best known vehicle manufacturing hubs, primarily due to the longtime presence of Volkswagen in the locale.
Miguel H. Elizalde-Lizarraga, the executive president of Mexico’s National Association of Bus, Truck and Tractor Manufacturers, spoke on the topic of Heavy Vehicle Manufacturing in Mexico.
Elizalde Lizarraga points out in the presentation that is made available via the link found below that eight states in the republic are home to heavy vehicle manufacturing in Mexico. They are:
- Baja California
- Mexico State
- Nuevo Leon
- San Luis Potosi
Although most of today’s headlines are related to the production of transportation products and equipment pertaining to passenger vehicles, heavy vehicle manufacturing in Mexico is an additionally significant economic wealth and job creator for the country.
Elizalde-Lizarraga’s presentation notes that Mexico is the seventh largest producer of heavy vehicles in the world ahead of Brazil, Russia and Spain, while it trails China, Japan, India, the United States and Germany in total units manufactured. Heavy vehicle manufacturing in Mexico accounts for a total of 143,900 direct and indirect jobs in the country.
The executive president of Mexico’s National Association of Bus, Truck and Tractors Mexico Now conference presentation also notes that, in 2012, one hundred and thirty thousand vehicles were produced creating a total value of USD 12.7 billion. This level of heavy vehicle manufacturing in Mexico occupied seventy-nine percent of the country’s installed capacity.
In terms of North American market share for the consumption of heavy vehicles, Mexico commands 37.4%, while the United States leads with 60.3%. Canada comes in a distant third with a 2.3% share of the market for heavy vehicles in the NAFTA region. These percentages are based upon 2012 statistics.
According to Miguel H. Elizalde-Lizarraga, heavy vehicle manufacturers in Mexico have the collective vision of producing three hundred thousand units within the next two decades.
LINK BELOW TO PRESENTATION: