The Mexican auto parts sector managed to take the lead in terms of investments, despite the climate of uncertainty that has been experienced in the automotive industry since the arrival of the new president of the United States and his recurring threat of tariffs on the market.

According to information from different media, while the large automakers have put on hold the announcements of new investments due to the political attention between the North American countries, the auto parts industry is registering a growth never before seen in Mexico.

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With the cancellation of important investment projects for the construction of new plants such as Ford in San Luis Potosí or Tesla in Nuevo León, the auto parts sector became the main destination for all investments within the sector.

According to the National Auto Parts Industry Agency (INA), while in 2023 this sector closed at 2.5 billion dollars of foreign direct investment, in 2024 an increase of 25.4% is expected compared to said period in this area.

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This phenomenon could be due to the regional content value clauses of the North American Free Trade Agreement, which force companies to buy 75% of the assembled vehicle regionally, allowing Mexico to replace the production that was previously traded with other countries, such as Korea, Germany, China and Japan.

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Original Note.