GM makes major investment in Mexican operations
Mexico continues to be an appealing destination for automotive manufacturers around the globe. For instance, General Motors recently announced plans to invest $691 million in the country, which could significantly impact the nation's residents and those who live outside of Mexico and send money to friends and family members back home.
According to Reuters, GM intends to set up a new factory in central Mexico in the near future, allowing the company to take advantage of a lucrative international automotive market. As the global economy recovers from the downturn of the late 2000s, GM may be able to noticeably boost its profits thanks in part to this recent investment.
GM Mexico president Ernesto Hernandez notes that Mexico may be able to overtake Brazil as Latin America's top automotive manufacturer over the next few years as well. Because Mexico features a talented labor force, GM can make the most of its growth opportunity by investing in its operations in this country.
"The automotive sector is today one of the pillars of the [Mexican] economy, representing more than 20 percent of manufacturing GDP and continues to be, for many reasons, a fundamental industry in attracting investments to productive sectors of the economy," Hernandez told the news source.
GM will add jobs to the Mexican economy
While unemployment was a major problem during the recession, more Mexican job seekers could benefit from GM's recent investment. The news source reports that this automotive manufacturer already employs about 15,000 staff members at its Mexico locations and plans to add team members to its staff soon.
With the second largest vehicle output in Mexico, GM has already established its presence in the nation. However, the next few years may prove to be vital for the company's long-term success.
By increasing its presence in Mexico, GM will be able to create top-notch vehicles that can be enjoyed by motorists worldwide. This automotive supplier has operated in Mexico for 78 years and continues to be a major contributor to the Mexican economy.
Meanwhile, Mexican citizens could reap the rewards of GM's investments as well. The business will continue to search for ways to provide dependable support to drivers, and numerous Mexican workers can help this company achieve its long-term goals.
New cars released in Mexico
To extend its global reach even further, GM also unveiled new options to Mexican consumers recently. The Detroit News notes that this automobile provider began offering OnStar services to Mexican motorists this month, allowing more people than ever before to stay safe while driving.
"This is an important step in GM's global growth and in making connectivity services available to more consumers around the world," GM spokesperson Mary Chan told the news source.
Available since 1996, OnStar makes it simple for motorists to receive immediate support if an accident occurs. Currently, OnStar services are offered to millions of drivers in Canada, China and the U.S., but the recent expansion into Mexico may make it simple for motorists to safely navigate the roads throughout the nation.
A Mexican OnStar call center has also been launched to assist motorists who require urgent assistance. Live operators will be readily available to help drivers should they encounter problems, making it simple for them to get the support they need around the clock.
GM continues to make a difference in the lives of many Mexicans, a trend that is likely to continue. As this automotive supplier evaluates various ways to bolster its global reputation, it could make new investments in Mexico that may help the nation over the next few years.