The automotive industry: Investment and corporate strategies in Latin America

In this century, the automotive industry has played a very prominent —sometimes crucial— role in the advance of industrialization in many countries. Its importance stems from the fact that the industry has been a pioneer in creating innovations that have radically transformed the way the manufacturing process is organized. These innovations have been adopted to varying degrees by other businesses and have gone on to transform the manufacturing industry as a whole, dramatically increasing labour productivity and industrial development.

Sustainable Development Goals:

Decent Work and Economic Growth