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G.M. is investing $5 billion to upgrade its plants in Mexico. Toyota, Volkswagen, Honda and BMW are all adding jobs and new products at their Mexican facilities. And as with Ford, any manufacturing those companies keep in the United States will probably involve more expensive vehicles whose profit margins justify the higher labor costs of building them.
Mexico, with about a third of U.S. production, has only 6! PEMEX is prohibited from partnering with foreign companies within Mexico, but not abroad. So Mexican crude is shipped to Houston, Texas, where it is refined (in partnership with Shell) and then re-imported to Mexico.hat is PEMEX, and Where is it Going? Allan Wall-PVNN Hopefully, this year will see some kind of substantive reform that can reform PEMEX, for the good of Mexico and its economic development. PEMEX (Petr leos Mexicanos) is Mexico's state oil monopoly.