Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Mexico

Parts Segment May Become A Leading Sourcing Hub For Carmakers

May 2010 | Company News Alert

In what can be seen as a step towards the increasing internationalisation of Mexico's auto component segment, BMW is looking to triple its parts purchases from Mexico by 2012. BMI points out that although the supplier segment in Mexico has historically been under-developed to meet international specifications and quality standards, increasing presence of leading global brands is helping in the emergence of a globally competent industry in the country. In fact, we believe that BMW's plans may set precedents for more carmakers in the future.

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