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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.
In 2006, trade with Mexico's two northern partners accounted for almost 90% of its exports and 55% of its imports. Recently, the Congress of the Union approved important tax, pension and judicial reforms, and reform to the oil industry is currently being debated.Mexico had 16 companies in the Forbes Global 2000 list of the world's largest companies in 2008.exico is the biggest exporter and importer in Latin America; in 2005, Mexico alone exported US $213.7 billion, roughly equivalent to the sum of the exports of Brazil, Argentina, Venezuela, Uruguay, and Paraguay.