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How Mexico Is Becoming the New China for Auto Manufacturing
As trade tensions and the US dollar surge reshape global supply chains, Mexico is emerging as a manufacturing powerhouse, particularly in auto production. Lucas and Luna explore why Mexico has attracted over $15 billion in foreign direct investment in the automotive sector since 2024, surpassing China for the first time in a decade. With the peso at a competitive level and nearshoring incentives under the USMCA, major automakers like Tesla, BMW, and Kia are expanding plants in northern Mexico. But risks remain: water scarcity in Monterrey, the upcoming 2026 US presidential election, and the…
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