The automotive section has been the target of major trade disputes despite negotiations by the three partners of the T-MEC due to the important weight of the industry in the three economies.
In Mexico this sector contributes 3.9% to the total national GDP and employs about 950,000 people. Additionally, it produces a value of 123,000 million dollars in exports, which makes it one of the three main generators of foreign exchange along with remittances and tourism.
Reference-www.eleconomista.com.mx