Mexico International Auto Parts Expo 2020

Exhibition details:

Exhibition Name: Mexico International Auto Parts Expo 2020
Exhibition time: July 22-24, 2020
Venue: Centro Banamex Exhibition Center, Mexico City

Exhibition overview:

Central America (Mexico) International Auto parts and after sales exhibition 2020

PAACE Automechanika Mexico

Exhibition time: July 22-24, 2020 (once a year)

Organizer: Frankfurt Exhibition (USA) Ltd

Frankfurt Exhibition (Mexico) Limited

Venue: Centro Banamex Exhibition Center, Mexico City

As the largest and most important exhibition in Mexico and Central America after-sales market, the 20th International Auto parts and after sales exhibition of Central America (Mexico) will be held in Banamex Exhibition Center, Mexico City from July 22 to 24, 2020. There are more than 500 exhibitors from all over the world, including those from Argentina, China, Germany, Turkey, the United States and Taiwan. More than 20000 professional visitors from the automotive industry came to visit.
Exhibitors are satisfied with the results of the exhibition, which also highlights the importance of Automechanika Mexico in the industry. Once again, the show has become the largest platform for connecting major decision makers in the automotive market in Mexico and Central America.
During the three-day exhibition, key decision makers from the parts industry from Mexico, Latin America and other countries are here to find the most advanced products, services and intra industry cooperation, understand the personalized development of vehicles and expand their business.

Market situation:

China and Mexico are both big developing countries and important emerging market countries. They are both at the critical stage of reform and development. They are facing similar tasks and challenges, and the two countries provide each other with development opportunities. On November 13, 2014, Chinese President Xi Jinping held talks with the president of Mexico, PEIA, in the Great Hall of the people. The two heads of state set the direction and blueprint for the development of China Mexico relations, and decided to create a new pattern of “one two three” cooperation to promote the development of China Mexico comprehensive strategic partnership.
Mexico is one of the countries with the largest number of free trade agreements in the world. Companies located in Mexico can purchase parts and resources from many countries, and often enjoy tariff-free treatment. Enterprises fully enjoy NAFTA tariff and quota preferences. Mexico pays attention to the diversified development of production and service industries, and has successfully established economic ties with Europe, Asia and Latin America through free trade agreements and contracts with economic organizations.
In Latin America, Mexico has signed free trade agreements (TLC) with Honduras, El Salvador, Guatemala, Costa Rica, Colombia, Bolivia, Chile, Nicaragua and Uruguay for its products and services industries, and has signed economic complementarity agreements (ACE) with Argentina, Brazil, Peru, Paraguay and Cuba.
With a population of about 110 million, Mexico is the second largest market in Latin America and one of the largest in the world.
The automotive sector is the largest manufacturing sector in Mexico, accounting for 17.6% of the manufacturing sector and contributing 3.6% to the country’s GDP.
Mexico is now the world’s fourth largest car exporter after Japan, Germany and South Korea, according to Mexico’s Cosmos. According to the auto industry of Mexico, by 2020, Mexico is expected to become the second.
According to the data of the Mexican Automobile Industry Association (AMIA), the Mexican car market continued to rise in October 2014, with the production, sales and export volume of light vehicles growing. In October this year, the output of light vehicles in Mexico reached 330164, an increase of 15.8% over the same period of last year; in the first ten months, the cumulative output of the country was 2726472, an increase of 8.5% year-on-year.
Mexico has become the world’s fifth largest importer of auto parts and raw materials, and its products are mainly supplied to automobile assembly plants in Mexico. Last year’s turnover reached $35 billion, reflecting the potential of the auto parts industry, which will further boost the country’s suppliers. By the end of last year, the output value of the spare parts industry exceeded 46%, that is, US $75 billion. It is estimated that the output value of the industry will reach US $90 billion in the next six years. According to authorities, grade 2 and level 3 products (products that do not need to be designed, such as screws) have the greatest development prospects.
It is estimated that by 2018, Mexico’s annual automobile production will reach 3.7 million vehicles, almost twice the output in 2009, and its demand for auto parts will be greatly increased; at the same time, the average life of domestic vehicles in Mexico is 14 years, which also generates considerable demand and investment for service, maintenance and replacement parts.
The development of Mexico’s auto industry will benefit global auto parts manufacturers. Up to now, 84% of the world’s top 100 auto parts manufacturers have invested and produced in Mexico.

Range of exhibits:

1. Components and systems: automotive parts and components, chassis, body, automotive power unit and electronic system and other related products
2. Accessories and modification: automobile accessories and auto supplies, special devices, automobile modification, optimization design of engine shape, design improvement, appearance modification and other related products
3. Repair and maintenance: maintenance station equipment and tools, body repair and painting process, maintenance station management
4. It and management: automobile market management system and software, automobile testing equipment, automobile dealer management software and system, automobile insurance software and system and other related products.
5. Gas station and car wash: gas station service and equipment, car washing equipment

Post time: Jul-27-2020