Major automakers from around the globe are establishing or expanding operations in Mexico, and that means new challenges -- and opportunities -- for automotive suppliers.
In the past month, both Ford and Toyota announced significant new investments in the country. Chrysler has been growing its Mexican production operations. BMW and Kia are building new plants there; Volkswagen is doubling the size of its own. All told, some $23 billion in new automotive investments are slated for Mexico, Bloomberg reported Tuesday.
Everybody in the auto industry, it seems, is driving to Mexico.
Read more "How suppliers can seize new opportunities in Mexico" at Automotive News.