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G.M. is investing $5 billion to upgrade its plants in Mexico. Toyota, Volkswagen, Honda and BMW are all adding jobs and new products at their Mexican facilities. And as with Ford, any manufacturing those companies keep in the United States will probably involve more expensive vehicles whose profit margins justify the higher labor costs of building them.
PetrÃ³leos Mexicanos has entered the United Statesâ gas station market with the opening of 5 stations in the city of Houston, Texas. These Pemex gas stations are owned by private investors (franchisees), who will determine the fuelÂ´s selling prices according to HoustonÂ´s market conditions.