Mexico's small-car market is booming
It's not just the wages. There's another motivation for automakers flocking to Mexico to build small cars that would be tough to build profitably in high-wage nations like the U.S., Japan and Germany: the booming local market.
Mexico's auto market is enjoying an 18 percent gain in new-vehicle sales through September, on top of 2015's sales gain of 19 percent, breaking all volume records.
Source: Automotive News