Automotive
Lexus celebrates the launch of the new LC 500 in Mexico
MONTERREY, NL – The youngest luxury car brand in the world, Lexus, from Japan’s Toyota, is conquering Mexico, since only…
More Mexicans prefer used cars
MEXICO – Pre-owned cars became even more popular among consumers in Mexico. The average number of pre-owned car registrations among…
Mexico’s auto parts sector could grow by 5.8% this year
MEXICO – This year, the growth of the auto parts sector’s Gross Domestic Product (GDP) could be more than double…
Volkswagen de MĂ©xico agrees salary increase
PUEBLA – Volkswagen de MĂ©xico and the Independent Workers Union of the Volkswagen Automotive Industry (SITIAVW) reached an agreement on…
Vishay invests US$45 million in semiconductor plant in Durango
DURANGO – With an investment of US$45 million, the Vishay semiconductor plant opens in GĂłmez Palacio, Durango, generating 500 jobs…
Paramount New Materials to invest US$200 million to set up plant in Coahuila
COAHUILA – Paramount New Materials announced that it will invest US$200 million in the Alianza Industrial Park in Derramadero, Coahuila,…
Querétaro could be a leader in nearshoring: U.S. Ambassador
QUERETARO – By having an important supply chain, Queretaro has a great opportunity to take advantage of phenomena such as…
Kaga Electronics to open new plant in Mexico
SAN LUIS POTOSI – The Japanese company Kaga Electronics will close its old plant in Mexico to integrate operations in…
Bimbo to double its electric vehicle fleet by 2023
MEXICO – Grupo Bimbo plans to close 2023 with a fleet of 2,508 electric vehicles for distribution, doubling the number…
Magna Lighting invests more than US$20 million in Queretaro
QUERETARO – The Canadian company Magna Lighting has initiated an ambitious expansion process at its plant located in the municipality…
Mubea announces third plant in Coahuila
RAMOS ARIZPE, COAH – Mubea will invest US$57.7 million in Ramos Arizpe, Coahuila, for a new plant where it will…
Metalsa inaugurates plant in Guanajuato
GUANAJUATO – Metalsa inaugurates its plant in Apaseo el Grande, Guanajuato, with an investment of US$180 million to produce 308,000…
Sumitomo invests US$10 million in Tabasco
TABASCO – Sumitomo Electric Wiring Systems will become the first Tier 1 company in the automotive sector to set up…
GHSP-Mexico begins expansion in Coahuila
SALTILLO, COAH – GHSP-Mexico, the global leader in the manufacture of mechanical and electromechanical systems for the automotive, transportation and…
Electric and hybrid car market grows by 29.9% in Queretaro
QUERETARO – Electromobility is gaining importance in Queretaro with a notable growth of 29.9% in the green vehicle market, marking…
