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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.
Leveraging its huge presence in Mexicoâs retail sector where FEMSA (NYSE: FMX), Latin America's biggest independent Coca-Cola bottler and distributor, owns 15,000 OXXO convenience stores, the company rapidly set foot in the newly liberalized retail fuel market.