Thanks to the inherent characteristics of steel, such as its flexibility and strength, since the 1920s the automotive industry has chosen it as the fundamental material for the design and construction of hundreds of vehicles worldwide.

According to data from the International Organization of Motor Vehicle Manufacturers (OICA), a motor vehicle can use on average up to 900 kilograms of steel.

Worldwide, the demand for sustainable materials in automotive manufacturing has increased. In 2025, steel is expected to account for 60% of the materials used in automobile production.

Based on data from the Mexican Automotive Industry Association (AMIA), light-vehicle production reached nearly 3.9 million units in 2024.

Although the 2024 results are impressive, the sector faces challenges such as the economic slowdown in the United States, the adoption of stricter technological standards, and the need to improve energy and logistics infrastructure.

Despite these results, the industry continues to face significant challenges: the economic slowdown in the United States, the adoption of stricter technological standards, and the need to strengthen energy and logistics infrastructure. However, growing demand for electric vehicles and the opening of new international markets allow us to anticipate a positive outlook for 2025.

The role of steel is not only crucial in current manufacturing; it is also projected to be an essential element in the future of mobility. Autonomous vehicles, electric models and shared-mobility platforms will continue to require advanced solutions based on this material.

In Latin America, Mexico leads steel consumption in the automotive sector, and demand will continue to increase. Therefore, having specialized advisory services that accompany the growth of companies in the sector becomes indispensable.

At JA Del Río, our strategic presence in LATAM makes us a solid ally to support your organization in tax, financial, labor, accounting and foreign-trade matters, providing strategies and processes designed for you to operate with the tranquility, efficiency and security your business deserves.

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J.A. DEL RÍO offers a wide array of specialized consulting services to assist you with these and other matters, in order to ensure that your project complies with the applicable characteristics  contained in this agreement.

If you have any questions, J.A. DEL RÍO can provide you with our experts to advise in matters concerning compliance with your legal and tax obligations. Once again, please let us know if we may be of any further assistance to you at: contacto@jadelrio.com.