Automotive
Manuel Dávila, new CEO of Volkswagen Financial Services Mexico
MEXICO – Volkswagen Financial Services Mexico (VWFS), the financial arm of Volkswagen Group, announced that as part of its global…
Vehicle sales in Mexico grew by 24.4% in 2023
MEXICO – Car sales in Mexico rose by 24.4% during 2023, with the commercialization of 1,361,433 vehicles, according to official…
Sailun and Tire Direct to invest US$240 million in Guanajuato
LEON, GTO – Investments continue to arrive at the end of 2023 for the Bajio, with the recent announcement of…
Preliminary works begin for Tesla gigafactory in NL
NUEVO LEON – The Government of Nuevo Leon began preliminary works for the construction of the Tesla gigafactory, the most…
GWM plans to install electric vehicle plant in NL
NUEVO LEON – The Chinese company Great Wall Motors (GWM) is exploring Nuevo LeĂłn to install an electric vehicle production…
KIA produces last KIA Rio in NL
PESQUERĂŤA, NL – After seven years of production at the KIA Motors assembly plant in PesquerĂa, Nuevo LeĂłn, the KIA…
Michelin celebrates 5th anniversary in Guanajuato
LEON, GTO – Michelin celebrates its 5th anniversary in Guanajuato with the production of the 10 millionth tire at its…
Xinquan announces new expansion in Aguascalientes
AGUASCALIENTES – The Chinese Tier 1 supplier, Xinquan, announced a new expansion in the state of Aguascalientes, for an amount…
General Motors to lay off 1,300 employees in Michigan
MICHIGAN, EE.UU. – General Motors revealed that it plans to lay off 1,300 workers at two of its Michigan plants…
Nuevo Leon approves incentives for Tesla gigafactory
NUEVO LEON – The Economic Development Council of the State of Nuevo Leon approved Thursday the incentives for the construction…
Semarnat grants land use permits to Tesla to set up Gigafactory in Nuevo Leon
NUEVO LEON – The federal government, through the Ministry of Environment and Natural Resources (Semarnat), granted land use permits to…
Auto assembly and exports in Mexico grew in November
MEXICO – The automotive industry is on track to close 2023 in positive numbers. After a major crisis, domestic and…
ZKW begins expansion of its Silao plant
SILAO, GTO – ZKW accelerates its international growth and invested in its Silao plant as a strategic orientation towards the…
CAPASA renovates its Culiacan agency
CULIACAN, SIN – Navistar MĂ©xico informed that its International distributor, Camionera del PacĂfico (CAPASA), renovated its facilities in Culiacán, Sinaloa,…
The new Nissan Kicks will be manufactured in Aguascalientes
AGUASCALIENTES – Nissan Mexicana confirms that the US$700 million investment announced in May 2022 will be destined for the production…