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Home»News»The dream of producing 5 million cars in Mexico fades as new disruptions emerge in supply chains

The dream of producing 5 million cars in Mexico fades as new disruptions emerge in supply chains

Stanley BowersBy Stanley BowersJanuary 26, 2023No Comments2 Mins Read
The dream of producing 5 million cars in Mexico fades as new disruptions emerge in supply chains
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2025, the promising year

For the consultancy JD Power, the best production figure in this decade will be reached until 2025, with 4.5 million units. His prospects are based on a stabilization in the supply chain and that, for that year, prices for gasoline models are expected to be more affordable.

In the middle of last year, Ford announced that at its complex in Cuautitlán Izcalli triple its annual production of the electric Mustang Mach-E, which will allow it to go from 70,000 to just over 200,000 units. By 2025, the General Motors plant in Ramos Arizpe will already be producing at least two electric models.

For Brais Álvarez, the consultant’s account manager, these modifications and recent announcements will make it possible to reach a production of four million assembled units, but the goal of five million “will continue to be far away”.

“We do not see, for now, with the information we have from the assemblers, that between now and 2030 there will be an increase in that capacity that could give us the opportunity to reach five million units,” says Álvarez.

“This is not very likely to happen in the next two years. We expect to return to pre-pandemic production levels -of 3.8 million vehicles- around 2025so we still have this year and the next to continue advancing in production and export levels”, adds Fausto Cuevas from AMIA.

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