In our April 7th article, Vehicle Sales Continue Their Depression, my colleague Jeff Soble provided some valuable insight into the current state of supply and demand issues impacting the automotive sector. In that article, Jeff noted how certain manufactures
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IMMEX Highlights – Upcoming Deadlines
We hereby remind you of the following reporting obligations that must be complied by Mexican IMMEX companies during April and May.
IMMEX companies must electronically submit before the Mexican Ministry of Economy, an Annual Operations Report informing of their total
Vehicle Sales Continue Their Depression
Anyone want to buy a vehicle? A better question might be: anyone got a vehicle for sale? Whether because of supply side issues, demand side issues, other issues, or all of the above, the fact remains that the first quarter
Status of Electromobility in Mexico
The number of electric and hybrid vehicles sold in Mexico has grown since 2016. In 2021, 39,100 units were sold, of which 768 units were electric, 2,500 were plug-in hybrids, and the remaining were hybrid vehicles. Now that the COVID-19
Top Legal Issues Facing the Automotive Industry in 2022
What is an Automotive Fiscal Deposit in Mexico?
Original Equipment Manufacturers (OEMs) operate in Mexico under a specific customs regime identified as fiscal deposit, which enables them to introduce into their authorized premises on an in-bond basis, machinery, equipment, tooling, components, and auto parts among others, to be
Chip Shortage? Now it’s a Ship(ping Container) Shortage.
The never-ending impacts on the auto supply chain continue. We have written extensively on the shortages of chips and other parts, as well as the varied causes for these shortages. Automakers are currently feeling the disruptions of the crisis in
What Else Is Needed For Mass Market Adoption of Electric Vehicles?
The 1908 Model T was one of the first cars accessible to the masses. Car ownership continued to grow to the point where cars became a staple, so much so that by the 21st century, there were more vehicles in
Will There Ever Be Microchips?
Supply chain problems have been a recurring theme on the Dashboard since COVID began. Whether it be protests in Canada, the need for more batteries for electric vehicles, investigations into the problems by the FTC, and general
Use of the “Hecho en México”® (Made in Mexico) Trademark and Logo
The Mexican government, through the Ministry of Economy, is the holder of the “Hecho en México” (Made in Mexico) trademark, which is an official distinctive sign that may be used to identify products that are made in Mexico, so that