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JUNE 2022 EDITION

MEXICO AUTOMOTIVE
Elon Musk considers Mexico for the next Tesla Gigafactory

Mexican Auto Industry Optimistic Despite Supply-Chain Challenges

Before Breaking Ground: Challenges and Opportunities for Mexican Lithium

Brazil vs Mexico: Different fleets in different worlds

Meet Zacua, Mexico’s first electric car brand

Mexico auto production, exports increase in May
INTERVIEW OF THE WEEK
The latest Audio Interview features Francisque Savinien. A former race car driver raised in France, Mr. Savinien is the Founder & CEO of EPARTRADE, The Global Platform for the Performance and Racing Industry. Prior to EPARTRADE, he was the Director of Global Sales and Marketing for PRI (Performance Racing Industry) and SEMA (Specialty Equipment Market Association) for 18 years. Over the past 25 years, he has traveled extensively around the world to promote the industry at all major races and events.
Listen to Francisque Savinien Interview here
BRAZIL & LATAM AUTOMOTIVE (continued)

Hunt for Lithium Sparks Frantic Rush Into Argentine Mountains

GM Announces Three Chevrolet EVs For South America

China’s Top EV-Maker BYD Revs Up Brazil Expansion

Volkswagen asks for more time in Brazil human rights probe

Sherwin Williams: Developing a Global Fleet policy in Latin America

Eramet eyes more South American lithium in battery shift
LATEST NEWS FROM OUR FEATURED
INTERNATIONAL MEDIA PARTNER:

Guanajuato has the most modern Michelin plant worldwide

Local companies to be certified to supply the automotive sector

Businessmen call for certainty and clear rules to attract more foreign investment

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ACCESS OVER 250 AUDIO INTERVIEWS
Listen to any of over 250 Audio Interviews with Experts on global automotive related business and operational topics such as HR, supply chain, legal, finance, M&A, markets and more.
View list of over 250 Interviews here
THOUGHT LEADERSHIP
Manufacturing and R&D: How did Mexico Become the Rising Star on the Global Stage?
This Interview features Gary Swedback, CEO of NAI Mexico and NAI PanAmericas, part of the NAI Global network, a leading industrial & commercial real estate advisory firm. NAIMexico operates 25 offices across Mexico and Latin America, and works with many global customers, including ...

To listen to Interview, visit here.
Moving Your Manufacturing from China to Mexico
This Interview features Dan Harris, who heads up Harris Bricken’s China manufacturing practice, Adrián Cisneros Aguilar, who heads up Harris Bricken’s Mexico manufacturing practice, and Alejandra Maldonado, project administrator ...

To listen to Interview, visit here.
SUPPLY CHAIN, LOGISTICS AND TRADE
Mandatory Inspections at the Mexico-Texas Border Suspended

Uruguay, Brazil agree on zero-tariff for certain products

USMCA at Two: How to measure North American success?

Daily Infographic: Trucks carried 68% of all US-Mexico cargo moved in March

Mexico: Lithium-Related admendment to the Mining Law

Argentina: Precautionary export reference values established for lithium carbonates

Brazil's trade balance positive, but below last year's figures

Elimination of a “Brazil cost” item represents a further 1,5 percentage point reduction in tariffs

Suez Canal, Panama Canal’s economic zones sign cooperation deal

Mercosur Summit scheduled for Asunción July 21
LIVE WEBINAR (will be recorded)

LEVERAGING MEXICO TO REDUCE DEPENDENCE ON CHINESE AUTOMOTIVE SUPPLIERS
Because of US/China tariffs, high logistics costs from Asia, Covid, power outages in China, growing Chinese costs and other reasons, automotive suppliers are diversifying their global supply chain and manufacturing into Mexico ...

To learn more or to register for 'live' and/or recorded webinar, visit here.
RECORDED WEBINAR

MOVING YOUR MANUFACTURING FROM CHINA TO MEXICO
Want to know more about what moving your manufacturing from China to Mexico really involves? If you do, watch this webinar that will focus on exactly that ...

To learn more or to watch recorded webinar,
visit here.
AUDIO INTERVIEWS | PODCASTS

DOING BUSINESS IN MEXICO
Interviews with Mexico Experts on various aspects of Doing Business in Mexico, including manufacturing, supply chain, purchasing, HR, recruitment, labor laws, tax, maquiladoras, automotive, and more.

To learn more or to see list of Interviews (podcasts), visit here.
FINANCE, TAX, LEGAL AND M&A
Mexico: New trade secrets laws (Video Chat)

Brazil: Debts relating to goodwill may be included into tax settlement agreement until July 2022

Public M&A 2022 – Brazil

Argentina: Amendment to the Income Tax Law - Additional tax rate on unexpected income obtained by companies

Brazil's central bank raises Selic rate to 13,75%, hoping to contain inflation

New profit-Sharing Rules in Mexico (PTU)

Mexico: PTU 2022: A deep dive into your top questions on compulsory company profit sharing entitlements for employees (Video Chat)

Brazil: Brazilian Supreme Court to define whether ITCMD is levied upon pension plan and cash value life insurance plan in case of owner's passing
GLOBAL M&A OPPORTUNITIES | DEALS AVAILABLE

FOR SALE:
  • TURKEY: Plastics Auto Parts Manufacturing Supplier
  • TURKEY: Metal-Alloyed Spare Parts Production Company
  • ARGENTINA: Plastics Manufacturing Supplier
  • VIETNAM: Plastics Manufacturing Supplier
  • ASIA: Automotive and Components Supplier
  • ASIA: Industrial Equipment, Chemical, Agricultural Equipment Distributor
  • VIETNAM: Largest Truck Logistics Company
  • USA: Automated Production Material Handling Systems Manufacturer
  • INDIA: Machining Supplier

LOOKING TO BUY:
  • U.S. EV Motor or EV Motor Controller Supplier
  • Multinational Automotive OEM Spare Parts Manufacturers (Looking to Buy or Invest)
  • Machining or Ductile Iron Casting Company
  • Energy Storage, Automotive & Mobility Manufacturers
  • OEM Parts Manufacturer
  • Suspension & Steering System Manufacturer
  • Aluminum Auto Components & Assemblies Supplier

FINANCING | FUNDING SOURCES:
  • SPACs – Special Purpose Acquisition Company
  • Auto Suppliers | Companies Seeking to Invest
  • Founders & Start-ups Seeking Investment

To learn more about the above opportunities, contact Ron Hesse (RHesse@GlobalAutoIndustry.com), or visit our International M&A and Funding Sources page here.
MANUFACTURING, ECONOMY & TECHNOLOGY
Mexico-based suppliers gaining ground in global manufacturing

Mexico's factories finally in positive territory after 31 months

Brazil: Federal Decree sets up national system for reduction of greenhouse gas emissions and sectoral plans for climate change mitigation

Job openings in Brazil show positive figures in April

Foreign direct investment to Latin America rebounded by 56% in 2021

Borderlands: Latin American e-commerce SMBs have big cross-border opportunities

Deere Moves Production to Mexico Amid Tight Labor Market

Doing Business in Peru 2022 (download guide)
HR & TALENT MANAGEMENT
Tech innovation to require reskilling of nearly 10 million industrial workers in Brazil

U.S. weighs labor probe into Stellantis Mexico plant, Mexican officials say

Panasonic auto parts plant union in Mexico calls off strike after pay agreement

Mexico workers end strike at ArcelorMittal plant, reach agreement -union

New independent Mexican union wins wage increase at GM plant

Mexico: Claim Filed for Labor Rights Violations under the USMCA

Mexico: Resignation letter. “New criteria for its evaluation on trial.”

Latin America: Inclusion and Diversity

Future of Work Landscape in Latin America - Handbook
INTERNATIONAL HEALTH & TRAVEL INSURANCE, AND SECURITY

FOR BUSINESS TRAVELERS, EXPATS AND THEIR FAMILIES
Whether you are a Germany-based engineer visiting Mexico; an India-based executive moving to France; or a US-based SCM professional headed to China on a short-term assignment; Insured Nomads has the health and security insurance program you need. This is a truly disruptive solution for the international ...
To learn more, visit here.
EVENTS

LIVE WEBINAR (also recorded) June 29: By Harris Bricken and East West Associates
"Leveraging Mexico to Reduce Dependence on Chinese Automotive Suppliers"
To learn more or to register, visit here.

CONFERENCE & EXHIBITION (August 17-18, 2022): By MexicoNow
"Mexico's Auto Industry Summit" in Leon, Mexico
To learn more or to register, visit here.

RECORDED WEBINAR (August 31, 2021): By INDEX
"Lessons Learned: CEO Insights for Manufacturing in Mexico"
To watch webinar, visit here.

RECORDED WEBINAR (February 8, 2022): By Harris Bricken
"Moving Your Manufacturing from China to Mexico"
To learn more or to register, visit here.

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