Select Language

English

Down Icon

Select Country

Spain

Down Icon

They would pay 30 billion dollars more when moving plants to the US

They would pay 30 billion dollars more when moving plants to the US

02 MIN 30 SEC

Arely Sánchez

Mexico City (June 11, 2025) - 5:00 a.m.

The former director of the INA warned that Southeast Asian countries such as Vietnam, Thailand, and India are increasingly competitive in terms of technology and talent training, so Mexico must not neglect the quality of its workforce in this sector.

The former director of the INA warned that Southeast Asian countries like Vietnam, Thailand, and India are increasingly competitive in terms of technology and talent training, so Mexico must not neglect the quality of its workforce in this sector. Credit: AFP

If U.S. automakers and parts manufacturers were to move their production in Mexico to that country, they would spend more than $30 billion annually on additional wages compared to what they currently pay, said Armando Cortés, former director of the National Auto Parts Industry (INA).

mural

mural

Similar News

All News
Animated ArrowAnimated ArrowAnimated Arrow