ECONOMY- Mexico vs Peru

**RMuller** · 12-03-2020, 02:41 PM

Peru is still a century behind Mexico. Even Venezuelan immigrants laugh at Peru's low quality infrastructure.
MEXICO RECIEVES 1000 TIMES MORE FOREIGN INVESTMENT THAN Peru.MEXICO it has a higher quality workforce and more educated workforce than Peru.

Mexico economy is diverse and has some of the largest companies in Latin America.
San Pedro Garza Garcia is the wealthiest city in Latin America.

Global ranking
Mexico's largest companies. Peru has none.

Mexico City top 20 list in millionaires

Mexico City top 20 in multi-millionaires with over $30 million dollars

GDP (PPP) per capita 2020
Mexico $21,412
Peru $14,999

https://en.wikipedia.org/wiki/List_o...s_by_GDP_(PPP)

**Andullero** · 12-03-2020, 02:44 PM

There is a historical paper about that, but I have yet to gain full access to it:

The Great Shift: the rise of Mexico and the Decline of Peru in the Spanish American Colonial Empire, 1680–1809*

Daven · 12-03-2020, 02:44 PM

Oh no.

**RMuller** · 12-03-2020, 02:59 PM

Which Cars Are Made In Mexico?
Picture's of tee car's can be found in the website
https://www.autoguide.com/auto-news/...in-mexico.html

Audi’s compact crossover is one of the only vehicles from the German automaker to be built in Mexico. While the first generation model was made around the world, including Germany and even India, but the second generation of the vehicle, the one that’s currently on sale now, is made in San José Chiapa, Mexico.

BMW makes a few cars in Mexico, but only one specific model is brought to the US and that’s the 5 Series Security, the automaker’s own armored vehicle. It’s made in Toluca, Mexico.

Most Silverados are made in the USA, but a few Crew Cab models are actually made in GM’s Silao, Mexico plant.

All Cruze hatchbacks that sold in the United States are made in Ramos, Mexico plant. However, that’s not the case with the sedan.

The current generation Equinox is manufactured at GM’s San Luis Potosi Assembly plant in Mexico, however, additional production for the North American market occurs at the automakers Ingersol, Canada plant.

Like the Equinox, the Trax is made in GM’s San Luis Potosi Assembly plant in Mexico.

Made in the Tolouca Car Assembly Plant alongside the Fiat 500, the Dodge Journey is available with either a four, or six cylinder engine that can be mated to a front- or all-wheel drive setup. Buyers also have the choice of two or three rows of seating depending on the trim level.

While the majority of Ram pickups and vans are made in the U.S., some Ram pickup trucks and Ram Promaster models are also assembled at Chrysler’s Saltillo Assembly Plant in Coahuila, Mexico.

The Fiat 500 has been assembled in the Tolouca Assembly plant since 2010. The plant also makes the Dodge Journey.

The Ford Fiesta is currently made in Ford’s Cuautitlán Stamping and Assembly Plant. The plant, which opened in 1964 saw an extensive upgrade in 2010 to accommodate the manufacturing of the new Ford Fiesta for the North American Market.

Ford’s mid-sized sedan is assembled in the Hermosillo Stamping and Assembly plant. The plant, which opened in 1986, has the capacity to pump out 300,000 vehicles a year.

While past Fits have been made in Japan, the new generation Honda subcompact is made in Celaya, Guanajuato, Mexico.

The Honda HR-V, which is related to the Fit, is also made in Honda’s Celaya Plant in Mexico.

While the QX30 is currently made in Sunderland, England, Infiniti hasn’t been shy about its intentions to move manufacturing to North America. This is a part of a Damiler-Nissan alliance deal, where the two will share platforms, engines and facilities. The next generation QX50 is also rumored to go to Mexico as well.

The Jeep Compass is made in Mexico as well, alongside the Fiat 500 and Dodge Journey. That’s the Toluca Assembly Plant, that employs 3,715.

Kia launched a new plant in Mexico with the new generation Forte. Located in Monterrey, Mexico the plant is capable of producing 400,000 vehicles annually. The upcoming Forte5 hatchback is scheduled to get made at the plant, and rumor is that the new Rio will as well.

While Kia does manufacture the Rio in Korea, those models sold in the US come from the brand’s facility in Pesqueria, Mexico.

Like its Ford cousin, the Fusion, the Lincoln MKZ is made at the Hermosillo Stamping and Assembly Plant.

The Mazda3 is made in the Mazda de Mexico Vehicle Operation plant, is located in Salamanca, in the state of Guanajuato. The first model produced ever made at the plant was a a U.S. market Mazda3 sedan that emerged on January 7 2014.

The Sentra may not be fast, but every 55 seconds, one of Nissan’s compact or subcompact vehicles comes out of one of the plants in Aguascaliente. The plant managed to build 200,000 vehicles within 16 months of opening.

The Versa and Versa Note are also made in a plant in Aguascaliente Mexico.

With three plants and the capacity to make 850,000 vehicles annually, Nissan is a pretty heavy investor in Mexican production. Alongside the Versa Note and Sentra, the affordable Versa Sedan is also made in an Aguascaliente plant in Mexico.

The 2017 Nissan NV200, and the Chevrolet City Express is made in Cuernavaca, Mexico.

The MMVO plant that makes the Mazda3 also makes Mazda2s, which aren’t sold in the US. Instead we get the same vehicle as the Toyota Yaris iA.

Assembly of the Tacoma is split between the U.S. and Mexico. The Toyota Manufacturing de Baja California Plant was established in 2002 and makes both Tacoma trucks and Tacoma truck beds.

Made in the Puebla plant in Mexico, the sixth generation Volkswagen Jetta was primarily designed by Volkswagen Mexico under the supervision of Volkswagen Germany and 70 percent of the parts are designed and manufactured in Mexico.

Like the Jetta, the Golf is made in the Puebla plant in Mexico, however, unlike the Jetta, the hatchback uses the new MQB modular platform that is shared with the Audi A3.

The second generation Tiguan is slated to be made in a VW Mexico plant as well, and that’s the one we’ll be getting here in the US.

**RMuller** · 12-03-2020, 03:01 PM

34 Cars Built in Mexico for the United States

https://cars.usnews.com/cars-trucks/made-in-mexico

**RMuller** · 12-03-2020, 03:02 PM

**RMuller** · 12-03-2020, 03:16 PM

Mexico as a New Capital of the Automotive Industries

Mexico and the Automotive Industry

Nowadays, Mexico appears to be a primary focus of the global auto industry as companies worldwide are eyeing to invest in the country. Actually, the wave of investments has already started. Mexico is currently the world’s seventh-largest producer of cars. Six years ago the country only was ranked in the tenth position. Mexico is the fourth-largest exporter for the automotive industry, only after Germany, Japan and South Korea. Mexico is almost reaching Japan to become the number 2 supplier of vehicles to the U.S. market.

To support this information, in 2014, Mexico manufactured four out of every 100 cars in the world. With this speed of growth in the industry and attraction of investments, Mexico could reach the 4th position in automobile producers after China, USA and Japan.

2015 Was a Significant Year in the Automotive Sector in Mexico

The Automotive industry was “la Joya de la corona” of Mexico in 2015, with impressive numbers never seen before. This sector represented more than 3% of the Gross Domestic Product (GDP) of the country. Mexico ended 2015 with a surplus trade balance by about US$50,000 billion and domestic sales above 1.3 million vehicles, and production of 3.4 million of vehicles. Mexico employed 1.7 million people, including direct and indirect jobs in that country for this sector.

Currently, Mexico has eight automotive producers in Mexico: Ford, Chrysler, GM, VW, Toyota, Nissan, Mazda, and Honda[1].

According to Mexican Automobile Industry Association the list of vehicles destinations of Mexico’s exports in the first quarter 2015 were 70% to the United States, 1.8% to Canada, 2.6% Germany, 2.4% Brazil, 2.1% Colombia, 2% to China, 1.3% Saudi Arabia, 0.9% Argentina and 0.5% to Italy.

The Future of the Sector in Mexico

With the advent of new investments announced last year, the country becomes progressively a promising market for the automotive industry. For instance, South Korea’s Kia, Germany’s Audi, the American Ford and Japan’s Toyota have already announced the construction of new plants in the country with a total investment of US $4 billion. Also, by 2017 the Japanese-American Infiniti; 2018 and the German Mercedes Benz, and in 2019, the German BMW announced they would build plants in the country.

The aim of the sector by 2020 is to bring more investment from multinational companies. Mexico clearly is on a path to be among the leading manufacturers and exporters of the world’s vehicles that also possess an attractive domestic market..

Reasons and Facts
Besides the positive numbers, other factors have led to Mexico being at the center of investments in the automotive sector. Mexico stands out for its geographic location as a close door to the U.S. car market noted as the world’s largest with connections to ports to both the Atlantic and the Pacific Oceans. Mexico is also a country with very cheap labor in comparison to other countries, with a good reputation for producing with excellent quality and great production efficiencies.

Also, Mexico is a country with several public and tax incentives, with public policies that make the automotive sector privileged with these incentives in order to promote growth and development.

Finally and personally, I consider one of, if not the most important, as a factor for the automotive industry in Mexico is their extensive network of Free Trade Agreements (FTAs), which provides this sector with access to 45 countries.

Mexico Free Trade Agreements (FTA)

There are many reasons and qualities that Mexico provides as a great place for auto manufacturers:

Mexico is strategically located close to the U.S., Canada and Latin America (NAFTA).

The Mexican government has negotiated extensively in order to increase the list of countries that Mexico has agreements with.

An organization in Mexico called ProMexico acknowledges that Mexico can boast of a network of 13 Free Trade Agreements (FTAs) with 45 different counties where 32 of these agreements are Reciprocal Investment Promotion and Protection Agreements. There are also 33 countries involved with Mexico of which 9 have trade agreements within the framework of the Latin American Integration Association (LAIA). Mexico expects to see more partnerships with the Trans-Pacific Partnership Agreement. With that, Mexico has access to over 60 percent of the world’s GDP because of their relationships through these agreements[2].

We may travel a bit through the time, from the first automobile plant in Mexico in 1925, through the crisis in 1983 in which Mexico changed the policy for exports, then the implementation of the North America Free Trade Agreement (NAFTA) in 1994, and finally the “boom” in Mexican production in this century. One thing is clear, with the positive changes in Mexico of recent; this country clearly has become a prime area for manufacturing and especially appealing to those in the automotive industry, noted by the positive growth in this sector.

https://tax.thomsonreuters.com/blog/...ve-industries/

**RMuller** · 12-03-2020, 03:37 PM

A comment from a Peruano on the youtube

" Soy peruano, pero debo aceptar que los estadios de Perú no compiten con los de México. No hay que engañarnos, la infraestructura de sus estadios es de primer mundo, hombre! "