Automotive
Sungwoo Hitech to expand its battery plant in Nuevo Leon
NUEVO LEON – Sungwoo Hitech, a Korean manufacturer of batteries and hydrogen storage devices for vehicles, will expand its plant…
Bosch Mexico achieves 17.9% growth
MEXICO – Bosch Mexico closed its fiscal year 2022 with sales of US$3.4 billion, including sales of non-consolidated companies and…
Nuevo Leon bets on the adoption of new technologies
SOUTH KOREA – The Government of Nuevo Leon seeks to attract more companies to the state that bet on new…
Nuevo Leon will become the next global electromobility hub
NUEVO LEON – The governor of Nuevo Leon, Samuel GarcĂa, informed that the Korean brand KIA will install a new…
Tupy expands in Coahuila
COAHUILA – The Brazilian company Tupy, announced an investment of US$37 million for its expansion in the southeast region of…
Johnson Electric plans to expand in Zacatecas
ZACATECAS – Johnson Electric, a Chinese company dedicated to the manufacture of automotive components, seeks to expand its production in…
Tecco invests US$42 million in San Luis Potosi
SAN LUIS POTOSI – Tecco, a Chinese company of the Himile group, laid the first stone of its new industrial…
KIA to expand in Nuevo Leon
NUEVO LEON – The Korean assembler KIA Motors will expand in Nuevo Leon, with the aim of launching its own…
Brembo to invest US$207 million to double its production in Nuevo Leon
NUEVO LEON – The Italian company Brembo, announced the investment of US$207 million for the expansion of the company in…
Heavy vehicle sales in Mexico have grown for almost two years
MEXICO – The heavy-duty vehicle industry has had 21 consecutive months of growth in sales, after last April’s 17.4% increase…
Miba invests US$25 million in Ramos Arizpe
RAMOS ARIZPE, COAH – Miba is investing US$25 million to set up in Ramos Arizpe, Coahuila, to manufacture components for…
Zacatecas seeks investment of US$30 million
ZACATECAS – David Monreal Avila, Governor of Zacatecas, met with Ham Sangsik and Kim Seongsoo, president and vice-president, respectively, of…
Borgwarner starts its expansion in Saltillo
SALTILLO, COAH – Borgwarner-Saltillo laid the first stone as part of its expansion in this city in the state of…
Ternium to invest US$1.9 billion in a new steel plant
PESQUERIA, NL – Ternium Mexico will invest US$1.94 billion in the expansion of its industrial center for the production of…
Automotive production records good numbers in April
MEXICO – The Mexican automotive industry continues to recover. Last April, production increased by 17% to 294,550 light vehicles, which…
