Francisco Garza, Head of GM Mexico, tells us about GM’s plan to shift (for now, just the assembly) of the Aveo and Groove models from China to Mexico, and what it says about nearshoring, tariffs, suppliers, EVs and Mexican manufacturing.
Plus Eduardo and Damian discuss the big business and economic issues of the week, including:
* Carlos Slim says Mexico’s biggest problem is Pemex, but pledges US$5bn in investment this year
* Prologis exits the Fibra Macquarie battle as Fibra Monterrey and Next fight it out
* América Móvil makes its case at its NYC Investor Day
* Banxico lowers growth expectations even as Mexico’s exports keep booming
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