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In 2014, Mexico was the seventh largest vehicle producer worldwide and served as an expert platform for many of the world’s major OEMs.
With increased automotive activity, more Tier 2 & 3 companies are being encouraged to set up locations in Mexico.
Setting up new operations in Mexico may appear straightforward but there are many issues and obstacles to address. Companies need a solid market entry strategy and a thorough understanding of the requirements for financing and the necessary legal and tax structures to launch operations.
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