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Borderlands: Chip shortage sinks Mexican auto exports in July

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Chip shortage sinks Mexican auto exports in July; Bennett Motors acquires American Eagle Logistics; Yokohama opens new distribution center near Dallas; and meth, fentanyl worth $13M seized at Otay Mesa port of entry. ....

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MX/USA-Can Mexico capitalize on US automakers' pivot to electric vehicles? | foundry-planet.com

MX / USA-Can Mexico capitalize on US automakers’ pivot to electric vehicles? ....

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Can Mexico capitalize on US automakers' pivot to electric vehicles?

Can Mexico capitalize on US automakers’ pivot to electric vehicles?
Mexico could become even bigger player in global automotive manufacturing industry
7 minutes read
As U.S. automakers pivot into the electric, autonomous vehicle era, cross-border operators say Mexico is more than ready to seize the moment. (Photo: GM Mexico)
The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles.
On April 30, General Motors (NYSE: GM) became the first U.S. automaker to announce it would build electric vehicles in Mexico. GM said it would invest $1 billion in its factory in Ramos Arizpe to produce electric cars. ....

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