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Insight: Mexico drives North American auto investment, challenges China
Yahoo/Reuters ^ | 20 Oct 2013 | Paul Lienert

Posted on 10/20/2013 11:39:20 AM PDT by shove_it

DETROIT (Reuters) - The Mexican auto industry is about to go on a $10 billion factory building spree, illustrating the nation's rising economic challenge to rivals from the United States to China.

Japanese and German auto manufacturers are spearheading the drive, say parts suppliers and researchers who see more auto factories built south of the border than in the United States between now and the end of the decade.

The United States will consume the vast majority of the new cars, but Mexico's domestic market has rebounded from a long slump, and in a sign of Mexico's growing global role, auto exports outside of North America will rise faster than those to the United States...

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; Mexico
KEYWORDS: motown
The UAW will be exporting solidarity to Meheeco, it'll be interesting to see how that works out.
1 posted on 10/20/2013 11:39:20 AM PDT by shove_it
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To: shove_it

Why wouldn’t the Japanese and the Germans want to build factories here? Oh, never mind.


2 posted on 10/20/2013 11:41:43 AM PDT by 1rudeboy
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To: shove_it

Now that the Mexican government has exported all of its poverty to the U.S. in the form of DemocRAT voters, they have all kinds of money to become a major player in the auto industry.


3 posted on 10/20/2013 11:46:10 AM PDT by FlingWingFlyer (Hold on to your sombrero! Here comes amnesty! The GOP is on a roll!)
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To: All

Americans will be sneaking across the border to find work in Mexico.......


4 posted on 10/20/2013 12:04:54 PM PDT by JW1949
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To: JW1949

The welfare for illegals will keep them here tho, can’t beat those freebees for not working.


5 posted on 10/20/2013 12:11:44 PM PDT by shove_it (long ago Orwell and Rand warned us of 0bama’s America)
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To: shove_it

I’m talking of all the Americans who WANT to work, but rae being let go because of ObamaCare and all the government fraud destroying jobs that real working Americans (conservative America) hold....


6 posted on 10/20/2013 12:16:12 PM PDT by JW1949
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To: shove_it

Think of it as “going Galt” in old Mexico....


7 posted on 10/20/2013 12:18:07 PM PDT by JW1949
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To: JW1949

“Americans will be sneaking across the border to find work in Mexico.......”

And if caught, they will be instantly sent back (after paying a several thousand dollar bribe) or stay in a Mexican prison for five years or as long as they live, whichever comes first.


8 posted on 10/20/2013 12:19:20 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: 1rudeboy

They have plants building cars, there are also the Koreans. they also have factories here.


9 posted on 10/20/2013 12:26:50 PM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: shove_it
The Mexican auto industry is about to go on a $10 billion factory building spree,

Great, I always wanted to buy an Adobe.


10 posted on 10/20/2013 12:28:27 PM PDT by dfwgator
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To: dfwgator

That thing looks like it is made of adobe.


11 posted on 10/20/2013 12:38:15 PM PDT by shove_it (long ago Orwell and Rand warned us of 0bama’s America)
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To: FlingWingFlyer

Estados Unidos:
Yeah, we sent those of us without jobs up to you to take the jobs that weren’t exported here.
We’re not sure why your people aren’t lining you up against walls, but—nice job US federal government!
Muchas gracias!
Mexico


12 posted on 10/20/2013 12:48:23 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: shove_it

Spokesman: These days, everyone’s talking about the Hyundai, and the Yugo. Both nice cars, if you’ve got $3,000 or $4,000 to throw around. But, for those of us whose name doesn’t happen to be Rockefeller, finally there’s some good news - a car with a sticker price of $179. That’s right, $179. The name of the car?

Adobe. The sassy new Mexican import that’s made out of clay. German engineering and Mexican know-how helped create the first car to break the $200 barrier. At this price, you might not expect more than reliable transportation - but, brother, you get it! Extra features: like the custom contour seats, or the beverage-gripping dash. And the money you save isn’t exactly small change!

Jingle:
“Hey, hey, we’re Adobe!
The little car that’s made out of clay!
We’re gonna save you some money
that you can spend in some other way!
Hey, hey, we’re Adobe!
Hey, hey, we’re Adobe!
Adobe!”

Spokesman: Adobe. You can buy a cheaper car. But I wouldn’t recommend it!

Announcer: Not approved for street use in some states. No warranty either expressed or implied. All sales final.


13 posted on 10/20/2013 1:01:43 PM PDT by dfwgator
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To: JW1949

Hopefully the illegals will be sneaking back.


14 posted on 10/20/2013 1:29:46 PM PDT by Venturer (Keep Obama and you aint seen nothing yet.)
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To: shove_it
So, if Mexico is going to be the economic powerhouse south of the U.S. border, does this mean all our illegal aliens will go home for the well paying jobs there? No. They'd lose their generous American taxpayer funded welfare freebies. If it's a choice between working and Santa Claus, who wins? Hint: it isn't work.
15 posted on 10/20/2013 1:58:48 PM PDT by MasterGunner01
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To: shove_it
Mexican auto industry is about to go on a $10 billion factory building spree

Mexican auto industry? No, these "American" Corporations that received billions in taxpayer bailouts that are repaying our generosity by moving production out of the country.

16 posted on 10/20/2013 2:46:37 PM PDT by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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