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Role of industry automotive installed in Mexico in the struggle for markets starring major global vehicle manufacturers
Submitted by Julio Julio Castellanos, Universidad Nacional Autónoma de México on 4 avr. 2016 - 04:27
Type de publication:Conference Paper
Source:Gerpisa colloquium, Puebla (2016)
The aim of this paper is to show a balanced picture of the importance of foreign investment in the automobile industry installed in Mexico, because the spokespersons of the Mexican government and automotive companies, automakers and auto parts, in all communications presented encouraging results taking into account the high amount of exports of this industry, which exceeds the oil greatly.
In this context, no longer deemed exports mainly benefit companies that perform, not the country. The only benefit of automotive investments is the hiring of well paid if compared to wages in the country work, but precarious if the comparison is with the wages of workers in countries where companies have established their headquarters. In addition to the explanation of these facts, it also concludes that the investments made by the industry, are less than half of the profits obtained in Mexico by the fact that automotive manufacturing in the country.