Brokers

Why invest in Mexico? Maybe we should ask General Motors and the rest of the world’s main auto manufacturers:

General Motors Co (GM.N) outlined plans on Wednesday for investing $691 million to expand its Mexican operations, including the previously unannounced expansion of its Toluca engine plant. …

 

With numerous free trade agreements, a cheap, well-educated labor force, and proximity to the lucrative U.S. auto market, combined with growing demand in South America, automakers have been lining up for two years to set up shop or expand in a country that some analysts believe could eventually overtake Brazil as Latin America’s biggest economy.

Both direct investment and investing into business that will be looking more and more towards Mexico (like real estate for retirees) seems to be a good ideas these days.

Read the full article here.