The Detroit company builds in Mexico pickup trucks, SUVs and compact crossovers which nowadays have greater demand.
General Motors took advantage of U.S. appetite for bigger models to displace Nissan as Mexico's largest automotive exporter, official data shows.
From January to May, GM exported 240,281 vehicles, a 18.7% growth compared to the same period of 2016. Its Japanese rival, the biggest exporter in 2016, shipped overseas 210,669 units, a 6.2% fall over the same period.
GM is one of the few automakers that does not limit its Mexican output to compact cars. Contrary to Nissan, which makes mostly Sentras and Versas for retail markets overseas, the Detroit company builds in Mexico pickup trucks, SUVs and compact crossovers which nowadays have greater demand.
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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.