It is expected that the next few years will be a challenging time for manufacturers in Mexico, with the automotive industry being particularly vulnerable as multiple pressure points come to a head: (1) the United...more
12/11/2024
/ Anti-Dumping Duty ,
Audits ,
Automotive Industry ,
China ,
Compliance ,
Countervailing Duties ,
Exports ,
IMMEX ,
Imports ,
International Trade Commission (ITC) ,
Manufacturers ,
Mexico ,
OEM ,
Regulatory Agenda ,
Russia ,
Tariffs ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR
The United States-Mexico-Canada Agreement (USMCA) automotive sector must be prepared to navigate a new set of requirements that will likely reshape supply chains, impact costs, and alter the competitive dynamics within the...more
In order to promote investment, encourage economic growth, and the creation of formal jobs in the peninsular region of the Yucatan (where the Mayan Train will pass through) the Mexican Ministry of Treasury (SHCP by its...more
Extemporaneously Cancelled Invoices Can Be Given Tax Effect -
Through an amendment made to article 29-A of the Mexican Federal Tax Code (Código Fiscal de la Federación or CFF), since 2022 the period during which taxpayers...more
Taking advantage of the nearshoring effect, the Mexican Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público) issued a Decree that will provide tax benefits to key sectors of the export industry...more
In any type of transaction, it is usual for two parties to enter into a debtor/creditor relationship and use the legal concept of compensation as a method of payment for their respective debts, making it easy to comply with...more
The Mexican Supreme Court of Justice ruled to invalidate the last paragraph of Article 17-F of the Mexican Federal Tax Code, which allowed requests be made to the Mexican Tax Administration Service (Servicio de Administración...more
As manufacturing in Mexico returns to pre-pandemic levels, several recent legal developments may affect those operations. Manufacturers, particularly those in the automotive industry, need to consider new Mexican labor...more
5/3/2023
/ Automotive Industry ,
Beneficial Owner ,
Collective Bargaining ,
Coronavirus/COVID-19 ,
Foreign Direct Investment ,
Foreign Investment ,
Free Trade Agreements ,
Mexico ,
Minimum Wage ,
Pensions ,
Supply Chain ,
Transparency ,
United States-Mexico-Canada Agreement (USMCA) ,
Vacation Pay
Following the bank receivership of Silicon Valley Bank (SVB) and similar situations with other stressed financial institutions in the U.S. and Europe, companies are concerned with their international assets and credits held...more
In 2022, automotive suppliers face many of the same issues that have bedeviled the industry throughout 2021, as well as a host of all-new challenges. Unfortunately, as with many aspects of pre-pandemic life, the relative...more
3/17/2022
/ Automotive Industry ,
Biden Administration ,
Coronavirus/COVID-19 ,
Corruption ,
Department of Justice (DOJ) ,
Department of Transportation (DOT) ,
Electric Vehicles ,
Federal Trade Commission (FTC) ,
Final Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Hart-Scott-Rodino Act ,
IMMEX ,
Infrastructure Investment and Jobs Act (IIJA) ,
Mexico ,
Motor Vehicles ,
National Security ,
NHTSA ,
Notice of Proposed Rulemaking (NOPR) ,
OEM ,
Office of Foreign Assets Control (OFAC) ,
OMB ,
Supply Chain ,
Supply Shortages ,
U.S. Treasury ,
Vertical Mergers
It’s the beginning of a new year! 2020 is over, COVID-19 vaccines are being administered, the USMCA is in effect, and there is an apparent unofficial understanding that the auto industry is essential in North America (Mexico,...more
3/26/2021
/ Automotive Industry ,
Coronavirus/COVID-19 ,
Enforcement Actions ,
Free Trade Agreements ,
Imports ,
Labor Regulations ,
Mexico ,
Outsourcing ,
Supply Chain ,
Tax Reform ,
United States-Mexico-Canada Agreement (USMCA) ,
Vaccinations ,
Value-Added Tax (VAT)
One year ago, the automotive industry was swiftly and seriously impacted by the COVID-19 pandemic. This disruption, in addition to the new administration, continues to present a variety of fresh issues.
Foley’s...more
3/10/2021
/ Americans with Disabilities Act (ADA) ,
Automotive Industry ,
Biden Administration ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Data Privacy ,
Department of Justice (DOJ) ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Mexico ,
NHTSA ,
Patents ,
Safety Standards ,
Supply Chain ,
Trade Wars ,
U.S. Customs ,
United States-Mexico-Canada Agreement (USMCA) ,
Vaccinations ,
Vertical Mergers
As expected, the transportation manufacturing industry (which includes automotive and aerospace), along with the mining and constructions industries, have been characterized as essential and will be allowed to restart...more
Today, the Mexican government confirmed that manufacturing of transportation equipment includes the automotive industry and is an essential activity permitted to operate. There are some inconsistencies reported between the...more
...The Impact of Emerging Technologies on Global Automotive Supply Chains -
The intense focus on autonomous vehicles and electrification we see today shows no signs of slowing down: in the new automotive industry, every...more
2/13/2020
/ Antitrust Provisions ,
Automotive Industry ,
Chapter 11 ,
Commercial Bankruptcy ,
Data Privacy ,
Employer Liability Issues ,
Intellectual Property Protection ,
Manufacturers ,
Motor Vehicles ,
NHTSA ,
Supply Chain ,
United States-Mexico-Canada Agreement (USMCA)
With the new administration of President Andrés Manuel Lopez Obrador, Mexico is currently facing numerous political and economic changes. These changes will have a direct impact on business activities in Mexico including the...more
7/31/2019
/ Bodily Injury ,
Corporate Liability ,
Mexico ,
Outsourcing ,
Personal Liability ,
Piercing the Corporate Veil ,
Profit Sharing ,
Punitive Damages ,
Subsidiaries ,
Supreme Court of Mexico ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Trade Agreements ,
United States-Mexico-Canada Agreement (USMCA)