At least 55 companies were trained and 20 companies accessed specialized consulting services to obtain international certifications as a result of a meeting that connected Mexican small and medium-sized enterprises (SMEs) with global automotive supply chains under the guidelines of the Mexico Plan .

This program is a model based on the demand of large companies in the automotive industry and was developed in collaboration with the Ministry of Economy (SE) and with the support of Nacional Financiera (Nafin) – Banco Nacional de Comercio Exterior (Bancomext) .

The meeting aimed to present the progress of the first generation of companies participating in this initiative, which is geared towards strengthening the national supply chain of the automotive sector .

“With the goal of fostering a stronger, more resilient and competitive supply network in Mexico and North America, the National Auto Parts Industry (INA) , in coordination with the International Finance Corporation (IFC) of the World Bank Group , participated in the Demo Day of the Supplier Development Program Plan Mexico-IFC-INA,” a statement said.

Vidal Llerenas Morales, Undersecretary of Industry and Commerce at the Ministry of Economy, emphasized that the auto parts industry is one of the sectors with the highest national content in Mexican manufacturing , a result of years of regional productive integration.

Therefore, he said, it is crucial to strengthen technical and financial support so that more Mexican companies can integrate into regional supply chains.

“The success we have had with this program encourages us to replicate it in other strategic sectors and contribute to greater shared prosperity in North America,” he emphasized.

Francisco González, CEO of INA, emphasized that strengthening local suppliers is a strategic priority for the Mexican economy and added that the automotive industry has consolidated itself as one of the central players in global manufacturing.

“We are the world’s fourth largest producer and exporter of auto parts, as well as the main supplier to the United States, with an industrial ecosystem that generates hundreds of thousands of jobs and plays a decisive role in regional trade,” he emphasized.

For her part, Sanaa Abouzaid, regional director for Mexico, Central America and the Dominican Republic at the IFC of the World Bank Group, stated that “this program turns the potential of Mexican SMEs into real business opportunities.”

“By closing technical, operational, and commercial gaps, we help more local companies integrate into global value chains , generate quality employment, and foster a more competitive automotive industry, contributing to the guidelines of the Mexico Plan. By the second half of 2026, the IFC will seek to integrate an additional 50 SMEs, benefiting more than 100 Mexican companies,” Sanaa Abouzaid pointed out.

According to figures from the INA, the auto parts sector in Mexico showed signs of resilience and recovery at the close of 2025, with a year-on-year growth of 3.24% in November, which translated into a production of nine billion 877 million dollars (mdd) .

Meanwhile, from January to November 2025, the national production of auto parts reached a value of 110,038 million dollars , which represented a contraction of 2.86% compared to the same period in 2024, in line with the slowdown observed in the United States automotive market.

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“This will help Element increase the proportion of these types of vehicles in its fleet, contributing to significant greenhouse gas (GHG) emissions savings, estimated at 9,093 metric tons of carbon dioxide (CO2) equivalent per year by 2029. This supports the country’s commitment to reduce GHG emissions by 35% by 2030,” Element, a fleet management company, detailed in a statement.

Of the total disbursement, $75 million is in additional type A loans and $25 million in type B or parallel loans to be mobilized.

“This is the first installment of a $600 million financing package to support Element’s commercial vehicle electrification efforts in Mexico , which is aligned with the country’s decarbonization and climate goals,” the firm explained.

The investment will facilitate the acquisition of EVs by Element customers in the country, including battery electric vehicles, hybrids, and plug-in hybrids, as well as the development of associated charging infrastructure, depending on the vehicle technology.

“This funding is a testament to our commitment and an enabler for creating a lasting legacy of sustainable and positive impacts within our communities. We are proud to lead these efforts in the region,” said Manuel Tamayo , president of Element in Mexico.

According to the company, the financing from IFC, a member of the World Bank Group , will be structured as a sustainability-linked loan , with key performance indicators related to decarbonization and also includes an emphasis on increasing women’s participation in the workforce.

“By promoting the adoption of electric vehicles, this investment will contribute to improving the sustainability of Mexico’s transportation sector. This investment demonstrates the viability of an innovative fleet management model to increase access to electric vehicles,” said Juan Gonzalo Flores, IFC Country Manager for Mexico.

Over the past decade, IFC has committed and mobilized more than $11.3 billion for transportation projects in emerging markets.

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