Several companies in Mexico’s automotive industry took part this week in a trade mission to Slovakia and the Czech Republic with an eye on entering the European market.
Entry into the European market is a real possibility, whether directly or via a partner, Dalia Terrones, business manager of Forza Global Solutions, which specializes in assembly line protection systems, told Efe Thursday.
Forza Global, which has a 90 percent market share in Mexico, is currently working on Czech automaker Skoda’s production line in Russia and hopes to expand that partnership to the Volkswagen subsidiary’s plants in the Czech Republic.
Mexican auto parts and services company Faso also said the trade mission was a key opportunity to diversity demand.
“It’s a must to stop depending on just a few clients, which is what happens with auto parts manufacturers,” Faso CEO Francisco Jimenez said.
Lean Design makes virtual models of auto parts, which are later used to create molds for delivery to auto part suppliers. The company currently works with VW and its suppliers.
“There’s a lack of trained personnel, and I’d like to link up with companies that develop them, since I’ve found 150 expert designers are needed and we can’t find them in (the central Mexican state of Puebla),” Lean Design CEO Pedro Cruz said.
Consulting firm Grupo Prodensa’s Rogelio Soto says Mexico has enormous potential, adding that 3 million cars will be manufactured in the country this year and that number could grow to 4 million cars in 2015 and 5 million cars by 2020.