Mexico’s Strategic Advantages (via Manufacture in Mexico)

June 21, 2011 § Leave a comment


As we all know, the maquila industry has been growing at a rapid pace over the years. With Mexico’s proximity to the U.S. and NAFTA, there are abundant reasons to believe that Mexico will be an international center for business and industry growth in the years ahead. Here is a great read on what opportunities Mexico presents companies of all shapes and sizes.

Manufacture in Mexico Larger companies and their suppliers have found great opportunities in Mexico: lower wages, proximity to the US and equally enthusiastic promotion by the Mexican government… Read More

via Manufacture in Mexico

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Chrysler will introduce 16 models to Mexico

June 6, 2011 § Leave a comment


According to Mexican Business Web,

By the end of 2011, the automaker Chrysler plans to introduce in the Mexican market at least 16 new models and position again in domestic sales.

In an interview, the director of marketing and advertising of the brand, Javier Padilla, said that recovery is underway, after 20 months seeking the support of the U.S. government, as well as strategic partners because of the global economic crisis.

He recalled that the brand has already begun to position as leader of the SUV’s on the market, with average sales of its model Journey of 1,200 units per month, and a significant growth of the Grand Cherokee.

As part of this strategy, Chrysler already introduced to the Mexican market the 2011 Grand Cherokee, the Durango, Chrysler 300, the new Journey and derived from its partnership with Fiat Group, the new Fiat 500 which is manufactured at the plant in Toluca, State of Mexico.

He noted that today in Chrysler Mexico expectations ‘are high’, so that 2011 is an important year for the assembly plant, because of the celebration of 70 years of Jeep, one of its leading brands.

Even in the first four months of 2011, Chrysler de Mexico was ranked fourth in sales with a share of 9.6% and the selling of 26,487 units.

Elizabeth, U.S. Entrepreneur in Mexico

June 6, 2011 § Leave a comment


Here is an interesting interview with an entrepreneur that shows the more personal side of     entrepreneurship abroad. Elizabeth Helsley has been living in Mexico for several years and recently opened an import business where she helps foreign companies introduce their food products into the Mexican market.

 

 

 

The article with her experience.

Entrepreneur Magazine: Small Business Loans Making Comeback

June 3, 2011 § Leave a comment


Direct from Entrepreneur Magazine: In the first quarter of 2011, the number of small-business loan requests that won approval from small and large banks rose to 1,294, up more than 50 percent from the 852 requests landing approval in first quarter of 2010, according to the New York-based small-business lending and credit service Biz2Credit. The company defines small businesses as those with fewer than 500 employees and $6 million in revenue.

A Look at NAFTA

June 3, 2011 § Leave a comment


Check out this interview with Suresh Kumar, the top official for the U.S. & Foreign Commercial Service, who speaks with Global Atlanta for a look back at what the creation of North American Free Trade Agreement has meant for the US, Canada and Mexico.

Doing Business in Mexico: 2011 World Bank Publication

June 2, 2011 § Leave a comment


Whether you’re seriously thinking about opening up shop in Mexico or just want to consider it, here’s the Doing Business 2011, Making a Difference for Entrepreneurs – Mexico  publication.

It’s a copublication of The World Bank and the International Finance Corporation and it has tons of useful information for entrepreneurs looking to start a business in Mexico. It serves the purpose of investigating regulations that enhance business activity and those that constrain it. In it you’ll find that a set of regulations affecting 9 stages of a business’s life are measured: starting a business, dealing with construction permits, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business.

WSJ: A Portfolio of Ideas

June 2, 2011 § Leave a comment


Wall Street Journal launched a super portfolio of ideas on their website, based on interviews with top professionals and academics that give wonderful insight into running companies and the economy.

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