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NOVEMBER 2023 EDITION
MEXICO: AUTOMOTIVE
Mexico Is China’s Back Door Into The U.S. EV Market

Taxes and global economy stop Tesla plant in Nuevo Leon

Tesla Giga Mexico has secured all federal and regional permits: Economy Minister

Tesla suppliers preparing for Giga Mexico

Mexico exported over 300,000 cars in September, most since 2019

Lots of lithium and cheap labour: Mexico, the next EV giant

BYD Delivers Chassis for Electric Buses to Mexico; Vehicles Expected to Commence Operation in Jan 2024
THIS WEEK'S INTERVIEW
This week's Audio Interview features Rosemary Coates, Founder and Executive Director of the Reshoring Institute, a non-profit focused on expanding U.S. manufacturing. She is also the President of Blue Silk Consulting, a global supply-chain management consulting firm. She is an Amazon.com best-selling author with five Supply Chain Management books, including the “Reshoring Guidebook”, “42 Rules for Sourcing and Manufacturing in China”, and the “Legal Blacksmith – How to Avoid and Defend Supply Chain Disputes”. She serves on the Board of Directors at the University of San Diego Supply Chain Management Institute and teaches Global Supply Chain Strategy at UC Berkeley.
Listen to Rosemary Coates Interview here
BRAZIL & LATAM: AUTOMOTIVE (continued)

EVs emerging in Brazil but which states offer fiscal incentives?

Behold the Lithium Quad? Latin America’s race for lithium market share

Latin America’s Lithium Sands Are Shifting

Argentina: "Mining Dollar" new incorporations – lithium and other minerals

Andean countries team up to build EV recharging corridor

Renault Commits to ICE in Brazil Until Government Ramps up BEV Support

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LATEST NEWS FROM OUR FEATURED INTERNATIONAL MEDIA PARTNER:

U.S. auto strike ends, leaving Mexico with millions in losses

Car production in Mexico increases by 13.54%

Chihuahua begins implementation of e-mobility roadmap
ACCESS OVER 300 AUDIO INTERVIEWS
Listen to any of over 300 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 300 Interviews here
THOUGHT LEADERSHIP INTERVIEWS

The Mexico Truck & Bus Aftermarket Study – 2023
This Interview features John Blodgett, VP Sales and Marketing with MacKay & Co. He is a regular speaker at industry events and has presented at AASA (Automotive Aftermarket Suppliers Association) Technology Conference, HDAD (Heavy Duty Aftermarket Dialogue), HDAW ...

To listen to Interview, visit here.
Managing Considerations When Moving Manufacturing Out of China
This Interview features Dan Harris, Founder & Managing Partner, and Head of China Manufacturing Practice with Harris Sliwoski, a leading international law firm. He started and operates the China Law Blog, which is regarded as one of the best law blogs on the web today ...

To listen to Interview, visit here.
NEARSHORING WEBINAR SERIES: FOCUS ON MEXICO

NEARSHORING: FOCUS ON MEXICO
Attend any of 9 different weekly webinars which
started October 18, 2023. All are recorded.

November 8: “Finding and Keeping Talent: Mexico Labor and Employment” - register here.

To learn more about Dates, Topics and Speakers, or to register, visit here.
MEXICO, BRAZIL & LATAM: SUPPLY CHAIN, LOGISTICS AND TRADE
U.S.-Mexico Border Congestion Is Screwing Up The Automotive Industry

Brazil: Anti-circumvention review launched on anti-dumping duty in force against imports of cold rolled steel from China

US tariffs and Chinese ambition: How Mexico turned into a perfect nearshoring location?

Mexico Nearshoring: Tax incentives for key sectors of the export industry

Mexico: TP and customs rules impact MNEs moving to Mexico

Argentina: New export growth program

What shippers need to know to succeed in Mexico in 2024

Brazilian government announces end of privatization process of the port of Santos

Brazil: Now open - Public Consultations about bilateral trade agreements between Mercosur-India and Mercosur-United Arab Emirates
GLOBAL M&A
To learn more about all Global M&A deals, contact Ron Hesse - RHesse@GlobalAutoIndustry.com
MEXICO, BRAZIL & LATAM: FINANCE, TAX, LEGAL AND M&A
Mexico offers tax breaks to chips, batteries to entice nearshoring investors

Mexico: Amendment to the General Law of Commercial Companies Allows Corporate Acts through Electronic Means

Government promotes Nearshoring to Mexico with Additional Tax Benefits

M&A Spree Supercharges Brazil's Green Energy Market

Brazil: Private Equity Investment Funds - Changes to the income tax rules applicable to the non-resident investors

Argentina: Collection regime on acquisition of foreign currency raised from 5% to 25%

Brazil cuts basic interest rate to 12.25% per year

Brazil: IRS publishes Normative Ruling to regulate the new Transfer Pricing rules
DOING BUSINESS IN MEXICO 2023 - GUIDE
Download 86-page Guide by Baker McKenzie. To download, please click here.
DOING BUSINESS IN U.S. 2023 - GUIDE
Download 147-page Guide by K&L Gates. To download, please click here.
DOING BUSINESS IN INDIA 2023 - GUIDE
Download 41-page Guide by EY. To download, please click here.
MEXICO, BRAZIL & LATAM: MANUFACTURING, ECONOMY & TECHNOLOGY
Chinese manufacturer investing $5B to expand production in Mexico

China's weaker economy means problems for commodity supplier countries from Latin America

How the government wants to reduce the "Brazil Cost"

Mexico’s economic momentum continues; outlook improves

Gloomy IMF projections for Argentina this year

The Fintech Boom in Latin America

Economists lower Brazil's 2023 GDP growth and inflation forecasts

IMF lifts Latam, Caribbean 2023 GDP growth estimate to 2.3%
MEXICO, BRAZIL & LATAM: HR & TALENT MANAGEMENT
Mexico: Changes to the Federal Labor Law to protect women in the Workplace

Renting in Mexico? What to know before and just after arrival

Brazil: New equal pay law requires publishing biannual reports

The 6 Safest Countries in South America To Visit

Mexico Implements National Registry of Representation Credentials

Mexico: Corporate responsibilities of Board Members of a Company

What it’s like to live and work in Brazil

This Program helps Automotive Suppliers develop their non-U.S. based talent, by providing on-the-job training in the U.S. for periods from 3 weeks to 18 months. Please note, the J-1 visa is not a 'work visit', however it is a 'on-the-job' training visa.

EXAMPLE: Bring engineering or manufacturing talent from your foreign operations to the U.S. for on-job-training for periods of up to 18 months. Foreign operations can include India, Mexico, Germany, Brazil, UK, China, Thailand, and many other countries.

To download the "Global Automotive Industry Traineeship Program" Brochure for companies, visit here.

Recorded Webinar (held on August 24): To learn more or to watch recorded webinar, visit here.
"LIVE" & RECORDED WEBINARS
9-WEEK WEBINAR SERIES (starting October 18, 2023) by Harris Bricken and GlobalAutoIndustry.com
"Nearshoring: Focus on Mexico" (watch 'live' or recorded)
To learn more or to register, visit here.

RECORDED WEBINAR (held on August 24, 2023) by SHRM and GlobalAutoIndustry.com
"The Global Automotive Industry Traineeship Program"
To learn more or to watch recorded webinar, visit here.

RECORDED WEBINAR (Held on Feb. 2) by East West Associates
"Closure, Near-Shoring, Relocation & Consolidation of Export-Oriented China Operations & Supply Chains"
To learn more or to access recorded webinar, visit here.

RECORDED WEBINAR by Harris Bricken and East West Associates
"Consolidation, Relocation & Closure of China-based Operations"
To learn more or to register, visit here.

RECORDED WEBINAR by Harris Bricken and East West Associates
"Challenges of Sourcing Critical Automotive Components in Mexico"
To learn more or to register, visit here.

RECORDED WEBINAR by INDEX
"Lessons Learned: CEO Insights for Manufacturing in Mexico"
To watch webinar, visit here.

RECORDED WEBINAR by Harris Bricken
"Moving Your Manufacturing from China to Mexico"
To learn more or to register, visit here.
INTERNATIONAL HEALTH & TRAVEL INSURANCE, AND SECURITY

A Global Benefits Strategy in 5 Steps:
For Auto Industry Professionals
This Interview features Allen Koski, Founder and Chief Innovation Officer 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 ...

To listen to Interview, visit here.

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