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December 2020 edition
MEXICO AUTOMOTIVE
Mexico auto production, exports rise in November

Ganfeng announces lithium battery recycling plant in Mexico

Importing Electric Vehicles Into Mexico, Duty-Free Period

5 issues that concern the automotive industry in Mexico, in addition to COVID-19

Volvo halts sales of heavy semi trucks in Mexico

Mexico's Alfa says spun-off Controladora Nemak to list on December 14

Why there are so many cars in Mexico with license plates from this small South Dakota county

Vehicle sales in Mexico fall 23.5%
"Autonomous Vehicles Fundamentals" Online Course
"Connected Vehicle Professional Certification" - Online Course
INTERVIEW OF THE WEEK
The latest Audio Interview features John Jalovec, CIO Partner with Fortium Partners. He has served as CIO or as an Executive Technology Leader at major Industrial companies that include General Motors, Delphi Automotive, Honeywell, Magna International, Pirelli Corporation, Babcock & Wilcox, and Avery Dennison. He successfully led global business transformations in excess of $500 million, including the $30 billion business carve-out of Delphi Automotive from GM (a Board driven initiative), cited as a best practice case study by Harvard Business Review.
Listen to John Jalovec Interview here
BRAZIL & LATAM AUTOMOTIVE (continued) ...

Ford plans to invest US$ 500 million in Argentina to launch its new Ranger model

China’s Ganfeng to finance lithium project in Argentina

Vehicle sales in Brazil climbing with October the best month of the year

Latam vehicle leasing seen up in 2021, regional executives say

Wikifleet updated, Toyota remains Central America leader

GAC MOTOR Lands in Chile With Its GS4, GS3, and GA4, building up strength in South America and Accelerating Global Expansion

Carlos Castillo (Geotab): “Aggressive growth in Latin America”

Ford Bronco, Mustang Mach 1 Will Be Sold In Argentina In 2021
"Connected Vehicle Professional Certification" Online Course
OUR MEDIA PARTNER:

Energy: Turning Point in US-Mexico Relations

U.S. Economy is Mexico’s Lifeline

Asian Manufacturers Are Looking to Invest at the U.S.-Mexico Border
THOUGHT LEADERSHIP
This Interview features Salomon Noble, CEO for Mexico-based Intermex Industrial Parks. Salomon is an expert in the Mexican Manufacturing and Maquiladora Industry (IMMEX / “Twin Plants”), with more than three decades of experience in advanced manufacturing operations for the aerospace and automotive sectors and all aspects of the Industrial real estate life cycle. Intermex´s mission is to facilitate the successful establishment and operation of international companies throughout Mexico, and the company has two strategic business units: The Shelter and the Industrial Real Estate units.
Listen to Salomon Noble Interview here
This Interview features Quan Bill Yang and Mitch Zajac, both of Butzel Long’s Detroit office. Mr. Yang concentrates his practice in commercial litigation supporting, international merger and acquisition, regulatory compliance, and transactional negotiations. Mr. Zajac concentrates his work in the areas of automotive, intellectual property, regulatory and emissions compliance. He is also a registered patent attorney with the United States Patent and Trademark Office.
Listen to Quan (Bill) Yang and Mitch Zajac Interview here
Listen to over 100 Interviews with Experts on global automotive related topics:
View list of over 100 Interviews here
GOING GLOBAL?
FIND IT HERE.
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International insurance for the remote worker, traveler and expat now available for the automotive industry worldwide (family members included)

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Insurance options for automotive industry professionals (and their families), OEMs, suppliers and related companies: Health | Travel | Group | Tailored | Life | Disability.

Get a Quote or Purchase Insurance or learn more, visit Insured Nomads here now.
SUPPLY CHAIN, LOGISTICS AND TRADE
Mexico: IMMEX Highlights – Sub-maquila Operations

Borderlands: Trade official wants new free-trade zone on Texas-Mexico border

Mercosur/EU trade deal: “time is pressing,” cautions Uruguay

Mexican Mandatory Technical Standards (Noms) Compliance on Imports, and Limitation on Steel Exports

China edges past Mexico as top US trade partner

General Rules Relative to the Application of the Customs Provisions of the Treaty between Mexico, the United States of America and Canada

Spot bunker fuel prices strengthen across Latin America in November

Download: "Covid-19: Challenges in the Automotive Industry Amid Factory Restarts in Europe"
"Intelligent Transportation Fundamentals" Online Course
Free Trial: "Duty Explorer" - A Simple App to Determine 301 Tariffs from China and the EU
Listen to over 30 Interviews on global supply chain and purchasing related topics.
Visit SCM & Purchasing Interviews page here (listen to over 30 Interviews)
MANUFACTURING & ECONOMY
Strong overall rebound of Brazilian economy in third quarter, 7,7%, but still at 2017 size

Fitch Ratings More Optimistic About Latin America

Biggest economies in Latin America

Producer inflation in Brazil rose 3,4% in October and 19,1% in twelve months

The Strategy of Brazilian Cities to Continue Growing

IMF and Argentina discussions “very fluid and constructive”, but no date for closing a new deal

Foreign direct investment in Latin America to plunge by half in 2020- U.N. agency
GLOBAL MERGERS & ACQUISITIONS

CHINA COMPANY FOR SALE:
A U.S.-based precision machining company is looking to sell their CNC machining operation in China with revenues of $12,000,000 and EBITDA $2.5 million.

LOOKING TO BUY COMPANY:
A Global Automotive Parts Manufacturer is looking to purchase a Manufacturer of Aluminum Automotive Components and Assemblies with an EBITDA between $1 and $5 Million.


To learn more about the above opportunties, contact Ron Hesse - RHesse@GlobalAutoIndustry.com

Or visit our International M&A and Investment page here.
FINANCE, TAX, LEGAL AND M&A
Mexico: New Formats for Filings with the National Foreign Investment Registry

Distressed assets, M&A: Brazil’s rising opportunities despite economic uncertainties

Notice of Change in Owners or Shareholders of Companies Domiciled in Mexico to be Filed with Mexico’s Federal Taxpayers’ Registry (RFC)

Unofficial Sources Report that Mexico will Postpone the Immediate Implementation of the Proposed Outsourcing Initiative

Offshore Cheat Sheet: How to Navigate LatAm's New Regulatory Minefield

Mexico Enacts New Federal Protection of Industrial Property Law

Mexico successfully refinances foreign debt at the “lowest interest rate in the market”
HR & TALENT MANAGEMENT

Have a trip to Mexico coming up? The CDC says you should cancel

Changes in Mexican labor rules: What you need to know

Record unemployment in Brazil, 14,4% and underemployment, 30,3%

Reform Initiative Related to the Outsourcing of Personnel

Finding the Best Tech Talent in Latin America

Validation of Mexican Collective Bargaining Agreements during the COVID-19 Pandemic

Mexico: Expatriates Have the Right to the Return of the Money Accumulated in their Retirement and Housing Accounts when they Return to their Country of Origin
Listen to over 30 Interviews on international HR related topics.
Visit HR & Talent Management Interviews page here (listen to over 30 Interviews)
This Interview features Chris Bowers, Managing Director of UK-based CMB Automotive Marketing Ltd. Mr. Bowers is a global automotive marketing and communications expert. CMB is a UK-based company, with international offices in Detroit.
Office.
Listen to Chris Bowers Interview here
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To learn more or to register for an online demo, please visit here.

EVENTS

VIRTUAL SUMMIT (December 8-10) by MEXICONOW
"Mexico's Auto Industry Summit"
To learn more or to register, visit here.

GlobalAutoIndustry.com
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