Nearshoring, Peak Season Risks: This Week in Logistics
Who Will Keep Mexico’s New Vehicles Running?
Mexico’s automotive market is shifting its focus from vehicle sales to aftersales services as Chinese brands expand their presence. With nearly 17% of new light-vehicle sales attributed to Chinese brands and imports from China representing 31.1% of light vehicles sold in Mexico, the availability of spare parts, maintenance, and technical support is becoming increasingly important. Claudio Sanchez, CEO of Box Tires, highlights the challenges of supporting a growing vehicle fleet and ensuring that new brands can meet customer expectations beyond the initial sale.
Nearshoring Makes Supply Chain Resilience a Priority for Mexico
Joe Monaghan, CEO and President of WorldWide Logistics Group, emphasizes that nearshoring requires companies to build more resilient and adaptable supply chains….