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Automotive Industry In Mexico
This article is about the automotive industry in Mexico. History Early years (1903–1960) In 1903, motorcars first arrived in Mexico City, totalling 136 cars in that year and rising to 800 by 1906. This encouraged then president Porfirio Díaz, to create both the first Mexican highway code (which would allow cars to move at a maximum speed of 10 km/h or 6 mph on crowded or small streets and 40 km/h or 25 mph elsewhere) and, along with this, a tax for car owners which would be abolished in 1911 with Francisco I. Madero's successful campaign against Díaz's presidency at the outbreak of the Mexican Revolution. In 1910, Daimler and Renault both established small facilities for the local assembly of vehicles primarily for the Mexican government at the behest of Porfirio Díaz, but these functioned for little more than a few months before being destroyed in the Mexican Revolution. A short time after the end of the armed struggle, Buick became the first automob ...
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Mexico City
Mexico City ( es, link=no, Ciudad de México, ; abbr.: CDMX; Nahuatl: ''Altepetl Mexico'') is the capital and largest city of Mexico, and the most populous city in North America. One of the world's alpha cities, it is located in the Valley of Mexico within the high Mexican central plateau, at an altitude of . The city has 16 boroughs or ''demarcaciones territoriales'', which are in turn divided into neighborhoods or ''colonias''. The 2020 population for the city proper was 9,209,944, with a land area of . According to the most recent definition agreed upon by the federal and state governments, the population of Greater Mexico City is 21,804,515, which makes it the sixth-largest metropolitan area in the world, the second-largest urban agglomeration in the Western Hemisphere (behind São Paulo, Brazil), and the largest Spanish language, Spanish-speaking city (city proper) in the world. Greater Mexico City has a gross domestic product, GDP of $411 billion in 2011, which makes ...
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Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ...
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Porsche
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see #Pronunciation, below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen Group, Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the Porsche Boxster/Cayman, 718 Boxster/Cayman, Porsche 992, 911 (992), Porsche Panamera, Panamera, Porsche Macan, Macan, Porsche Cayenne, Cayenne and Porsche Taycan, Taycan. History Origin Ferdinand Porsche (1875–1951) founded the company called "Dr. Ing. h. c. F. Porsche Gesellschaft mit beschränkter Haftung, GmbH" with Adolf Rosenberger and Anton Piëch in 1931. The main offices was at Kronenstraße 24 in the centre of Stuttgart. Initially, the company offered motor vehicle development work and consulting, but did not build any cars under its own name. One of the first as ...
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Honda
is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda became the second-largest Japanese automobile manufacturer in 2001. In 2015, Honda was the eighth largest automobile manufacturer in the world. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft, power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO rob ...
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Economy Of Mexico
The economy of Mexico is a Developing country, developing mixed-market economy. It is the List of countries by GDP (nominal), 15th largest in the world in nominal GDP terms and the List of countries by GDP (PPP), 13th largest by purchasing power parity, according to the International Monetary Fund. Since the 1994 economic crisis in Mexico, 1994 crisis, administrations have improved the country's Macroeconomics, macroeconomic fundamentals. Mexico was not significantly influenced by the South American economic crisis of 2002, 2002 South American crisis, and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the Late-2000s recession, 2008 recession with its gross domestic product contracting by more than 6% in that year. The Mexican economy has had unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows. In spite of this, sig ...
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Federal District
A federal district is a type of administrative division of a federation, usually under the direct control of a federal government and organized sometimes with a single municipal body. Federal districts often include capital districts, and they exist in various federations worldwide. Countries Current Brazil The term , meaning ''Federal District'' in Portuguese, is used to refer to: Federal District (Brazil), where the Brazilian capital Brasília is located. India In India, the term Union Territory is used for the eight territories governed directly by the central government with its own Chief minister and Lieutenant Governor: Andaman and Nicobar Islands, Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Delhi, Jammu and Kashmir, Ladakh, Lakshadweep and Puducherry. Of these, Delhi and Puducherry possess partial statehood with their own elected chief ministers. Malaysia In Malaysia, the term Federal Territory (''Wilayah Persekutuan'') is used for the three terr ...
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Querétaro
Querétaro (), officially the Free and Sovereign State of Querétaro ( es, Estado Libre y Soberano de Querétaro, links=no; Otomi language, Otomi: ''Hyodi Ndämxei''), is one of the Political divisions of Mexico, 32 federal entities of Mexico. It is divided into Municipalities of Querétaro, 18 municipalities. Its capital city is Santiago de Querétaro. It is located in north-central Mexico, in a region known as Bajío. It is bordered by the states of San Luis Potosí to the north, Guanajuato to the west, Hidalgo (state), Hidalgo to the east, State of Mexico, México to the southeast and Michoacán to the southwest. The state is one of the smallest in Mexico, but also one of the most heterogeneous geographically, with ecosystems varying from deserts to tropical rainforest, especially in the Sierra Gorda, which is filled with microecosystems. The area of the state was located on the northern edge of Mesoamerica, with both the Purépecha Empire and Aztec Empire having influence in ...
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Felipe Calderón
Felipe de Jesús Calderón Hinojosa (; born 18 August 1962) is a Mexican politician who served as the 63rd president of Mexico from 1 December 2006 to 30 November 2012 and Secretary of Energy during the presidency of Vicente Fox between 2003 and 2004. He was a member of the National Action Party (''Partido Acción Nacional'', PAN) for 30 years before quitting the party in November 2018. His father, Luis Calderón Vega, was one of the founders of the PAN and one of its most prominent members; Felipe joined the party in the 1980s. Prior to his presidency, he received two master's degrees and worked within the PAN when it was an opposition party during the PRI regime. Calderón served as National President of the party, Federal Deputy, and Secretary of Energy in Vicente Fox's cabinet. He served in the cabinet of the previous administration until he resigned to run for the presidency and secured his party's nomination. In the 2006 presidential election, he ran as the PAN candida ...
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Value Added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the person who ultimately bears the burden of the tax is not necessarily the same person as the one who pays the tax to the tax authorities. Not all localities require VAT to be charged, and exports are often exempt. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price. The terms VAT, GST, and the more general consumption tax are sometimes used interchangeably. VAT raises about a fifth of total tax revenues bo ...
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1970 FIFA World Cup
The 1970 FIFA World Cup was the ninth edition of the FIFA World Cup, the quadrennial international Association football, football championship for List of men's national association football teams, men's senior national teams. Held from 31 May to 21 June in Mexico, it was the first World Cup tournament held outside Europe and South America, and it was also the first held in North America. Teams representing 75 nations from all six populated continents entered the competition, and its 1970 FIFA World Cup qualification, qualification rounds began in May 1968. Fourteen teams qualified from this process to join host nation Mexico national football team, Mexico and defending champions England national football team, England in the 16-team final tournament. El Salvador national football team, El Salvador, Israel national football team, Israel and Morocco national football team, Morocco made their debut appearances at the final stage. The 1970 FIFA World Cup Final, tournament final had ...
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Spanish Language
Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 million native speakers, mainly in the Americas and Spain. Spanish is the official language of List of countries where Spanish is an official language, 20 countries. It is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance languages, Romance language. The largest population of native speakers is in Mexico. Spanish is part of the Iberian Romance languages, Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin in I ...
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1968 Summer Olympics
The 1968 Summer Olympics ( es, Juegos Olímpicos de Verano de 1968), officially known as the Games of the XIX Olympiad ( es, Juegos de la XIX Olimpiada) and commonly known as Mexico 1968 ( es, México 1968), were an international multi-sport event held from 12 to 27 October 1968 in Mexico City, Mexico. These were the first Olympic Games to be staged in Latin America and the first to be staged in a Spanish-speaking country. They were also the first Games to use an all-weather (smooth) track for track and field events instead of the traditional cinder track, as well as the first example of the Olympics exclusively using electronic timekeeping equipment. The 1968 Games were the third to be held in the last quarter of the year, after the 1956 Games in Melbourne and the 1964 Games in Tokyo. The 1968 Mexican Student Movement was crushed days prior, hence the Games were correlated to the government's repression. The United States won the most gold and overall medals for the last ...
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