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Impact of the United States-Mexico-Canada (USMCA) Free-Trade Agreement on the Automotive Sector in Mexico

Datos Bibliográficos

ID16859622
AutoresMaría de Lourdes Álvarez Medina (Universidad Nacional Autonoma de Mexico, autor de correspondencia)
Año2021
Volumen16
Número2
Fecha de publicación2021-08-31
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaNorteamérica (JOURNAL)
Identificadores de la revistaISSN: 1870-3550 • E-ISSN: 2448-7228
EditorialUniversidad Nacional Autonoma de Mexico (PUBLISHER • MX)
DOI10.22201/cisan.24487228e.2021.2.489
OpenAlexW3197462273
IdiomaEN
Citas recibidas1
Referencias citadas2

The article aims to analyze the changes in the free trade agreement of the United States, Mexico, and Canada (USMCA) for the automotive industry, explaining the origin and impact on light vehicle production in Mexico. The new rules affect the drivers of location decisions for companies and positively influence the growth rate of the automotive industry in the region, but unevenly for the countries and companies involved. The regional content value of each automobile assembled in Mexico and sold in the United States in 2020 is analyzed to understand the dynamics of competition and protectionism. There is a strategy to increase automotive manufacturing in the region, especially in the United States. The agreement promotes import substitution, increasing the regionalization of the supply chain. German and Asian carmakers producing in Mexico will need more adjustments. Keywords: Automotive Industry, USMCA, industry relocation, rules of origin, protectionism

Automotive industry · Business · Comparative advantage · Competition (biology · Economics · Free trade · Free trade agreement · Global value chain · International economics · International trade · Production (economics · Protectionism · Relocation · Supply chain · Business, Innovation, and Economy · Engineering · Marketing

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Obras citantes distintas1
Citas por año0,25
Intervalo de citas2022 - 2022 (1)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 1

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