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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.
The Five Largest Banks of Mexico. The banking industry in Mexico is heavily dominated by foreign banks. Mexicoâs largest bank Banamex is a Citigroup(C) subsidiary. BBVA Bancomer is the subsidiary of Spanish banking group BBVA (BBVA).Ã¢ Based in Monterrey Grupo Financiero Banorte has been in business since 1899.