Executives from Audi and BMW will maintain their investment in this country, despite the threat of new taxes imposed on vehicles imported from Mexico.
Scott Keogh, President of Audi North America, said that the Puebla plant is global and it could not be closed, as the Company supplies its operations in a North and South America, Europe and Africa from there. Likewise, BMW maintains its plans for investment in Mexico.
Additionally, the company has a portfolio of 64 providers across Mexico that serve the South Carolina facilities.
BMW has tripled the value of its components purchases in Mexico over the last five years, shifting from $600 million to $2 billion.
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Having spent many years at KPMG as a partner and finally as Head of Corporate Finance, Midlands, Richard Boot currently chairs and holds directorship of various companies associated with staffing and recruitment. He is also a former board member of IRC Global Executive Search Partners.
IRC Global Executive Search Partners convened affiliates and business partners at three regional summits covering Asia Pacific (APAC), Europe, the Middle East and Africa (EMEA) and the Americas in early 2019 to spark an intercontinental discussion about leadership and organizational preparedness in an era characterized by accelerating technological change and disruption.