LATINtalk (March 2021): Mexico OEMs in 2021: fire on all cylinders | Brazil bans Ford from mass layoffs | Latam's Lithium Triangle | Brazil's new chip path | Chips: Mexico OEM plants hit | Mexico reverse on EVs

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March 2021 edition

MEXICO AUTOMOTIVE

Mexican automakers hope to fire on all cylinders in 2021

Chip shortage forces automakers to adjust Mexico plants

Mexico Shifts Into Reverse on Electric Vehicles

Production of Volkswagen Taos for U.S. market begins at Volkswagen de Mexico

Automakers halt production in Mexico due to gas shortage

Automotive companies ask AMLO to restore gas and electricity in Mexico – Agence SEO

INTERVIEW OF THE WEEK

The latest Audio Interview features Allen C. Koski, President of Insured Nomads, the first insurtech in global benefits. Previously Allen was a Senior Vice President at United Healthcare Global and prior to that instrumental in the growth and development of Cigna Global in roles that ranged across sales and sales leadership.

Listen to Allen Koski Interview here

BRAZIL & LATAM AUTOMOTIVE (continued) ...

Wikifleet Brazil: Direct sales represent 80% of LCV market

Brazil bans Ford from mass layoffs as it closes plants

General Motors Gravataí Plant Stops Production Due To Parts Shortage

Latam vehicle sales down in 2020, but commercial fleet solid

Stricter test criteria could grow active safety in Brazil

Brazil’s new vehicle market: prospects to 2025 and beyond

High ownership costs stunting Brazil’s EV uptake, but all is not lost

Governments gear up for EV transition in Latin America

Foreign Trade and Mexican Exports in 2021

Electric Highway 2021-2025:Future Prospects and Challenges for Electric Cars in Mexico

Vehicles & E-Commerce: The Future is Reaching Us

THOUGHT LEADERSHIP

This Interview features Rick Diefenderfer. Mr. Diefenderfer has been a Partner with CGN Global since 2012, leading the Supply Chain and Business Transformation Group. His 35 years experience includes executive positions with FedEx Ground, FedEx Logistics, and Caterpillar, managing global logistics solution teams and business development professionals. He is an overall global supply chain expert.

Listen to Rick Diefenderfer Interview here

This Interview features Leslie Alan Glick. Mr. Glick is co-chair of the Butzel Long International Trade and Customs Specialty team. He is a specialist in international trade and customs for over 30 years, and is the author of 5 books on international trade and customs topics, including NAFTA and USMCA. He has given a series of seminars on USMCA-NAFTA 2.0. He is active in importer response to new tariffs under sections 232 and 301(have filed over 50 exclusion requests for clients) as well as complex country of origin rulings. He works with US importers and exporters from Mexico, Brazil, Italy, Austria, France, Germany, China, Turkey, Japan and Vietnam.

Listen to Les Glick Interview here

Listen to over 175 Interviews with Experts on global automotive related topics:

View list of over 175 Interviews here

SUPPLY CHAIN, LOGISTICS AND TRADE

Explainer: Latin America's Lithium Triangle

Mexico: IMMEX Highlights – Compliance with Annual Operations Report Requirement

USMCA compliance: Is your organization getting it right?

Watch: Maintaining Mexico’s competitive edge in supply chain

Notices About Outsourcing Agreements in Mexico City

Merida-Cancun highway fees increase

Last-mile logistics innovator Moova continues rapid expansion across Latin America with new investment led by Movile

Liftit Raises $22.5 Million to Automate Last Mile Logistics in Latin America

OEMs & SUPPLIERS: SUPPLY CHAIN ROI IMPROVEMENT

Tada Cognitive Solutions for OEMs and Suppliers

With product demand changes (pre, during and post COVID -19), automotive manufacturers and suppliers both need a system to address supply chain constraints, visibility, collaboration across multiple levels of suppliers and assurance of supply from the globally sourced supply base. OEMs and Suppliers have been using the following solutions from Tada to gain market share, operate profitably, effectively plan for risks and introduce new designs and upgrades on an aggressive timeline:

Tada’s – Multi-Tier application suite helps clients to collaborate and communicate across all levels of the supply chain ecosystem to achieve common goals and meet targets.
Tada’s – Supplier Readiness Application (suite) provides the risk mitigation to the supply chain needed in a highly constrained environment.
Tada’s – Material Availability Methodology and application reduces line down situations due to part shortages. The built-in logic ensures schedule adherence at the factories to satisfy customer commitments.

To learn more about Tada, download case studies or sign up for online demo, please visit here.

WHITE PAPER: "OEM’s Key to Aftermarket Parts Growth"

Sustain High Order Fulfillment Across Cycles with World-Class Demand & Supply Collaboration. Download here.

WHITE PAPER: "Big Future for Big Data in Manufacturing"

Right now, a revolution is taking place in the manufacturing sector – and it’s focused on Big Data. Download here.

MANUFACTURING & ECONOMY

Mexico's factories still struggling a year into COVID, light seen at end of tunnel

Mexican economy ended 2020 stronger than first estimated

Brazil Paves New Semiconductor Path

Final figures confirm Mexico’s GDP plunged 8.5% in 2020, worst decline in 90 years

Brazil manufacturing PMI falls in Jan to lowest since June -IHS Markit

First Account Surplus in decades for Mexico during 2020

Latin America and Caribbean’s Winding Road to Recovery

GLOBAL M&A, JOINT VENTURES, FUNDING

U.S. COMPANY FOR SALE:

30+ year old US-based material handling automation equipment systems integrator would like to sell to a buyer who can utilize their capabilities to generate $50,000,000 in revenue. Currently the company is operating at $30,000,000 in revenue. The companies has a talented team of engineers, designer, and component manufacturers. The company offers standard products and can produce custom components to meet any material handling challenge in a manufacturing environment.

INDIA AUTO SUPPLIER FOR SALE:

India-based automotive supplier (one of the largest manufacturers of sheet metal components in India) is seeking to be acquired. Revenues $42 million, and EBITDA of (-$1.4 million).

INDIA MACHINERY SUPPLIER FOR SALE:

Well-established, India-based manufacturing supplier of machinery for global automotive and other industries. Company holds patents for 11 basic and 23 derivative models of CNC Machines, and has partnerships/JVs with Italian and Czech Republic based firms.

CZECH REPUBLIC AIRCRAFT MANUFACTURER FOR SALE

Modern aircraft manufacturing company, specializing in design and production of two-seat, all metal LSA. Ready to launch two new models (Part 23). Over 650 units sold in 30 countries, and company has secured valuable certifications, including EU Aviation Safety Agency and US ASTUM standards. In-house research, manufacturing, and assembly.

TURKISH AUTO LEASE PROJECT FINANCING:

Long-term debt investment of 35 million euros sought to finance growth of a market leader in the Turkish passenger car rental industry. Funds to be used for (a) refinance loans amounting 11 million euros, and (b) acquire new fleet of 24 million euros to satisfy increasing market demand.

LOOKING TO BUY COMPANY:

A Global Automotive Parts Manufacturer is looking to purchase a Manufacturer of Aluminum Automotive Components and Assemblies in Mexico or the U.S., with an EBITDA between $1 and $5 Million.

To learn more about the above and other opportunities, contact:

Ron Hesse - RHesse@GlobalAutoIndustry.com

Or visit our International M&A and Investment page here.

FINANCE, TAX, LEGAL AND M&A

GM Files Trademark For Facial Recognition System In Mexico

Panama vs Costa Rica: The Facts on Applying for Residency

Loans from China to Latin America dry up, as region's governments take pandemic hit

Mexico: Deadlines for Submitting Modifications of Partners and Shareholders before FTR

This Territory Introduces A Residency Investment Option

Mexico Issues New Requirements for Reporting Increases in Capital

Mexico: Minimum Amount for Reportable Transactions

Visa: 25% of Latin Americans Want to Pay With Cryptocurrencies

This Audio Interview features Dr. Orlando Kelm. Dr. Kelm is an Associate Professor of Hispanic Linguistics at the University of Texas at Austin where he teaches courses in Portuguese and Spanish, focusing mainly on business language and the cultural aspects of international business communication. He serves as the Director of the Portuguese Language Flagship Program. Listen here.

Listen to Allen Koski Interview here

HR & TALENT MANAGEMENT

Americans in Baja, Mexico can get vaccinated in San Diego

Challenges and Relevant Matters in Mexico Labor Law for 2021

Can Brazil’s remote workers thrive outside big cities?

COVID-19 as an Occupational Illness under Mexican Law

Yucatán has first-world technology and infrastructure for the training of human resources

Latin America’s Workforce Is Adapting To A New Normal–And It’s Here to Stay

Why is the coronavirus variant discovered in Brazil causing concern?

International insurance for the remote worker, traveler and expat now available for the automotive industry worldwide (family members included)

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; GlobalAutoIndustry.com Partner Insured Nomads has the health and security insurance program you need. This is a truly disruptive solution for the international automotive industry!

Get a Quote or Purchase Insurance or learn more, visit Insured Nomads here now.

EVENTS

WEBINAR (recorded December 10, 2020): By MexicoNow

"Mexico’s Heavy Vehicles Industry Outlook 2020 - 2025"

To watch video webinar, visit here.

VIRTUAL (March 10): By Wards Intelligence

"Wards Intelligence Outlook Conference"

To learn more or to register, visit here.

VIRTUAL Event (March 16-17): By ETAuto.com

"EV Conclave: Rising From Uncertainties"

To learn more or to register, visit here.

WEBINAR (March 24): By MAYER | BROWN

"U.S. Enforcement Outlook: Anticipated Impact on Brazilian Multinationals"

To learn more or to register, visit here.

GlobalAutoIndustry.com