Foreign direct investment (FDI) in Mexico's automotive industry plummeted by 41 percent year on year in the first half of 2025 under the tariff chaos and an economic slowdown, according to government figures.
The country attracted approximately 3.6 billion U.S. dollars in auto investment from January to June, a significant decrease from around 6.1 billion U.S. dollars during the same period last year.
At the International Congress of the Automotive Industry in Mexico earlier this month, the atmosphere was grim among leaders of the automotive sector, which employs over one million people nationwide.
"There are very few new projects this year compared to previous years, when new factories and assembly lines were opening up regularly. The atmosphere is cautious. It seems like everything is on standby," said Lazaro Garza, Sales Director of Mapal, a machine manufacturing company.
The slowdown in nearshoring is attributed to the looming North American free trade review in 2026, according to Maria de Haas, International Relations Director of the Mexican Economy Ministry.
"It's uncertainty, which always causes fluctuations in investment, nothing more. Mexico has everything that foreign investors need," she said.
In her keynote speech at the event, De Haas tried to alleviate concerns among industry leaders.
"Integration is key. We need closer ties between Mexican, U.S. and Canadian associations. That's the best way to defend free trade and avoid tariffs," she said.
However, as global supply chains evolve, the competition for FDI is intensifying.
"Attracting international industrial investment is tough, with Costa Rica, with other Asian nations, and even now with the United States. So Mexico is now competing for investment with entire global regions -- not just rival states at home," said German Rivera, Executive Director of the Center for Investment and Trade of Sinaloa.
FDI in Mexico's automotive sector plummets amid tariffs, economic slowdown
China's domestically developed large passenger aircraft, the C919, has received 1,200 orders globally, as Tuesday marks its third anniversary since delivery to its first customer, China Eastern Airlines.
By November this year, the aircraft had handled more than 2 million passenger trips, reaching over 40,000 safe operating hours.
The C919 project was launched in 2007 and has undergone a long journey of design, manufacture, flight tests, and eventual commercialization.
Data released by the Chinese government shows that more than 300,000 people from over 1,000 enterprises, universities and institutions in 20 provinces have participated in the development of the C919, achieving many historic breakthroughs.
In November 2015, the first C919 aircraft rolled off the production line in Shanghai. In 2017, the plane conducted a successful maiden flight.
In the following years, the plane carried out various flight tests in different locations and environments to comprehensively verify its safety, reliability and performance.
In September 2022, the C919 received its type certificate from the Civil Aviation Administration of China, marking a key step toward commercial operations.
China Eastern Airlines received the first C919 aircraft delivered worldwide on Dec 9, 2022. It is the first time in China's civil aviation transport market for an indigenously developed mainline jetliner. China Eastern Airlines began commercial operation of the C919 on May 28, 2023.
The aircraft reflects the country's growing capabilities in the global aviation manufacturing industry.
"I felt quite different piloting China's homegrown C919 jet for the first time. Because the aircraft has used many new technologies, such as a new flight control system and the Fly-by-Wire system. It can provide more intuitive feedback to our pilots (making it easier for us to operate the aircraft)," said Lu Ling, pilot with China Southern Airlines' branch in central China's Hunan Province.
"Since the C919 made its maiden flight in China's central Hunan Province, as of November 30, it has completed 952 flights, carrying more than 117,000 passengers," said Du Haibo, deputy general manager of the Hunan branch of China Southern Airlines.
Three of China's major airlines are currently operating the C919, with flying routes linking dozens of major Chinese cities, including Beijing, Shanghai, and Guangzhou.
A report released by the Commercial Aircraft Corporation of China -- developer of the C919 -- shows that by 2043, China's civil aviation fleet will reach over 10,000 aircraft, accounting for 20.6 percent of the global passenger aircraft fleet.
By 2041, China is expected to be the world's largest single-country civil aviation market, said the forecast.
China's homegrown C919 aircraft marks 3rd delivery anniversary with 1,200 global orders
