Investor Presentaiton
О Favorable ruling for Mexico and Canada on rules of origin in the automotive sector in USMCA
Vehicles exports to US
Total exports%
30
Recent investment announcements in the auto sector
20
20
10
Tesla with an investment of US$1 billion for an auto parts
plant in Nuevo León
24.3
T
GM with the full electric vehicles production conversion
of its plant in Ramos Arizpe, Coahuila in the medium-
term
Kia with a total of $408 million planned between 2022 K
and 2024, of which $67 million has already been spent
gm
0
1992 1995 1998 2001 2004 2007 2010 2013 2016 2019 2022*
US: imports by countries
%
60
40
40
20
20
0
1992
Mexico
Canada
China
1997
2002
2007
2012
2017
2022*
Note: Until November 2022
Source: Banorte with data of US Census Bureau
BMW with €800 million (US$862 million) in San Luis
Potosí to produce electric vehicles
•
Nissan plans to spend more than US$700 million by 2025
on its operations in the country
NISSAN
Ternium (metals), with a planned spend of US$1 billion to
expand its product portfolio at its Pesquería plant in
Nuevo León
Cuprum (metals) with US$100 million in aluminum
products
Ternium
CUPRUM
Faurecia (seats and interiors), spending US$147 million to Faurecia
expand its plant in Nuevo León
inspiring mobility
Div
DB
Rev
Dep
78
NIM
TI
LD
Loan
BAP
Guid
ESG
Eco
Hist
NI
ROE
ICAP
Mkt
App
C/I
GRUPO FINANCIERO
BANORTEView entire presentation