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October 2021 edition

MEXICO AUTOMOTIVE
Mexico, Canada Seek Talks With US Over Auto Content Rules in USMCA

U.S. trade office says GM Mexico labor case concluded, tariff threat lifted

Sonora Could Be Leader In Mexico’s Transition To Electric Vehicles

Mexico auto production, exports decline in August

Brazil, Mexico automobile sales making a come back

Mexico Needs RoadMap to Reach the Auto Sector of the Future

Mexico's Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

"INTERVIEW OF THE WEEK"
This Interview features Lourdes Quijas. Ms. Quijas currently is an independent consultant in Human Resources Strategies, Leadership and Management. She has more than 25 years of experience in Human Resources within the Mexico automotive industry, and was the Director of Human Resources in operations of 2 major automotive companies, GM and BMW in Mexico. She has been a member of launch teams for 3 new manufacturing plants in Mexico (1993 GM Silao, 2006 GM San Luis Potosí and 2015 BMW San Luis Potosí) leading the development and execution of HR strategies.
Listen to Lourdes Quijas Interview here
BRAZIL & LATAM AUTOMOTIVE (continued) ...

Electric vehicles in Brazil: a patent-based analysis

Ford exit: MSME suppliers seek Brazil-like compensation from the US carmaker

Pandemic can accelerate electric mobility in Latin America

Brazil's Gol hails deal to bring flying taxis to Sao Paulo

Pillars of efficient fleet management strategy unveiled at Fleet Latam 2021

GM To Double Chevy Onix And Tracker Production In Brazil

Brazil’s Movida to push electrification in multi-million-dollar bond offer


Audi Mexico has produced 700,000 units of the Audi Q5

Heineken Mexico bets on electric vehicles

U.S. reopens Coahuila-Texas border

THOUGHT LEADERSHIP
This Interview features Bill Russo. Mr. Russo is the Founder and CEO of Shanghai-based Automobility Limited, a strategy and investment advisory firm helping clients to create the future of mobility. His over 35 years of experience includes 16 years as an automotive executive, including 17 years of experience in China and Asia. He has also worked nearly 12 years in the electronics and information technology industries. Bill is also currently serving as the Chair of the Automotive Committee at the American Chamber of Commerce in Shanghai.
Listen to Bill Russo Interview here
This Interview features Alejandra Maldonado. Ms. Maldonado is a Project Administrator at Intermex, one of the leading Industrial Real Estate developers and Administrative Services for Maquiladoras. Alejandra has facilitated the soft-landing experience for many foreign companies stablishing operations in Mexico. She represents Intermex at the Mexican Manufacturing Association & Shelter Committee, as well as Chihuahua’s aerospace cluster.
Listen to Alejandra Maldonado Interview here
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Listen to over 200 Audio Interviews with Experts on global automotive related topics such as HR, supply chain, legal, finance, M&A, markets and more:
View list of over 200 Interviews here
SUPPLY CHAIN, LOGISTICS AND TRADE

Canada Joins Mexico in USMCA Chapter 31 Dispute Over Auto Rules of Origin With the U.S.

How the first truly continental railroad could change North American trade

Mexico: Highway robbery reached annual high in August

New Dashboard Allows U.S.-Mexico Supply Chain Analytics

Mexico: Extension for the Supplemental Digital Bills of Lading

Brazil terminates bilateral shipping agreements with Argentina and Uruguay

Brazilian industry in bilateral trade talks with UK, wants to include Mercosur

Mexico and U.S. agree to work on supply chains, migration

Brazil launches two new railway projects

Brazil prepares to lease 8 more port terminals


Want to learn more about manufacturing or operating in Mexico? Visit here and get a Free Quote here.

To download the "Doing Business in Mexico" report, download report here.

FINANCE, TAX, LEGAL AND M&A

Mexico: Proposed tax reform to transfer pricing provisions for fiscal year 2022

Mexican Tax Authorities Issue “Invitation Letters” to Taxpayers Regarding Alleged Discrepancies in Reporting Expense Deductions

Argentina: Decree No. 620/2021 - Amendments regarding income tax for employees, retirees and pensioners

Latin America Compliance News (Aug 2021)

Brazil: Approved change in the legislation of the Tax on Industrialized Products (IPI) to determine the minimum taxable value reference

Brazil: Deadline to register financial-economic information with Central Bank of Brazil

Mexico: New Advertising Law impacts competition

Record level of funding for Argentine startup companies despite pandemic

Brazil’s ‘Cash Is King’ Culture Cedes Ground to Convenient Gift Cards, QR Codes

GLOBAL M&A: COMPANIES FOR SALE & LOOKING TO BUY

FOR SALE:
  • NEW: VIETNAM: Plastics Application and Manufacturing Company
  • NEW: ASIA: Automotive and Components Supplier
  • NEW: ASIA: Industrial Equipment, Chemical, Agricultural Equipment Distributor
  • NEW: VIETNAM: Largest Truck Logistics Company
  • TURKEY: Plastic Based OEM Spare Parts Producer
  • CHINA: Rubber Spare Parts Automotive Manufacturer
  • USA: Auto Spare Parts Supplier
  • INDIA: Automotive Supplier
  • USA: Automated Production Material Handling Systems Manufacturer
  • INDIA: Machining Supplier
  • USA: Machine Shop (1)
  • USA: Machine Shop (2)
  • CZECH REP: Aircraft Manufacturer

LOOKING TO BUY:
  • U.S.-based Automotive Company
  • 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

To learn more about the above opportunities, contact Ron Hesse (RHesse@GlobalAutoIndustry.com), or visit our International M&A page here.
MANUFACTURING, ECONOMY & TECHNOLOGY

Mexico may consider southern states for semiconductor production

Brazil Industrial Production Fell 1.3% in July From June on Supply Chain Problems

Latin America and Caribbean expected to grow 5.9% in 2021, ECLAC says

Mexico advances and consolidates itself as the second most innovative country in Latin America

México and the U.S. Relaunch High-Level Economic Dialogue

Brazil sets 5G mobile auction for Nov 4, expects to raise $1.9 bln

Chinese investments in Brazil have grown rapidly and are long-lasting

INDUSTRIAL BUILDINGS AVAILABLE IN MEXICO

3 Buildings available now, ideal for automotive suppliers for logistics or manufacturing, visit here to learn more or download brochure.
170,000 sq. ft industrial building available within 3 km of both GM and BMW automotive manufacturing plants in San Luis Potosi. Learn more here.

To learn more about Manufacturing in Mexico, or find an available industrial property, or join the Shelter program, please visit here.


"Doing Business in Mexico", download report here.

This Interview “As Global Travel Returns to Auto Industry: Protecting You, Your Family, and Employees” features Allen C. Koski. Mr. Koski is 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.
To listen to Interview, visit here.
Listen to Allen Koski Interview here
HR & TALENT MANAGEMENT

Workers at Key Mexican GM Plant Scrap Current Contract

Brazil: Labor courts recognizing contractual changes and terminations made through text messaging apps as lawful

Mexico: US extends land border closure for another month

Brazil loses talent to other countries due to lower science and technology investments

Latin America: Employer mandated vaccination

COVID-19 Vaccination and the Workplace in Latin America

Mexico the easiest country in the world to obtain a driver’s license

Colombia: New laws regarding employment matters

Argentine social organizations stage protest to demand minimum wage rise

International travel returning to Argentine airport of Mendoza

Without borders — Neogrid's HR seeks technology talent throughout Brazil

INTERNATIONAL HEALTH AND TRAVEL INSURANCE & SECURITY
International health and travel 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

CONFERENCE (October 14-15): By MexicoNow (in-person and virtual)
"USMCA Automotive Industry Summit"
To learn more or to register, visit here.

WEBINAR (recorded August 5, 2021): By Baker McKenzie
"Return to office, remote work and mental health issues for employers in Latin America"
To watch video webinar, visit here.

WEBINAR (recorded December 10, 2020): By MexicoNow
"Mexico’s Heavy Vehicles Industry Outlook 2020 - 2025"
To watch video webinar, visit here.

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