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.

Chip shortage sinks Mexican auto exports in July

The latest wave of COVID-19 infections around the world has further hindered the global supply of...

https://www.freightwaves.com/news/chip-shortage-sinks-mexican-auto-exports-in-july

Mexico’s automotive manufacturing industry stems bleeding

After more than two months of shutdowns and delays, Mexico’s automotive manufacturing industry showed signs of life, producing 238,946 units in June, according to a new report from Mexico’s National Institute of Statistics and Geography (INEGI).

The Mexican auto production industry still registered a 29% decline in June compared to the same period in 2019. But the figure is a significant improvement over the historic 98% and 94% declines in April and May, said Fausto Cuevas, director general of...

https://www.freightwaves.com/news/mexicos-automotive-manufacturing-industry-stems-bleeding

Mexico’s auto industry in unprecedented crisis due to coronavirus

Mexico’s auto production could fall by 30% in 2020 while exports may slide 33%, according to Fausto Cuevas, director general of the Mexican Association of the Automotive Industry (AMIA), during a video press conference Monday.

The country’s automotive production industry — which includes passenger vehicles and heavy-duty trucks — was hammered by Mexico’s closure of all nonessential businesses on March 30 to slow the spread of the coronavirus. This included automakers such as Chevrolet, General...

https://s29755.pcdn.co/news/mexicos-auto-industry-in-unprecedented-crisis-due-to-coronavirus

Mexico’s auto production and sales collapse during April

Auto factories across Mexico were closed in April, consequently wholesale and retail heavy-duty truck dealerships reported sales declines of 77% compared to the same period in 2019.

Only 893 heavy-duty trucks were sold at the wholesale level in Mexico in April, compared with 3,865 trucks sold during the same period in 2019.

Miguel Elizalde, president of Mexico’s National Association of Producers of Buses, Trucks and Tractor-trucks (ANPACT) said the Mexican government must allow auto factories to...

https://www.freightwaves.com/news/mexicos-auto-production-and-sales-collapse-during-april

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