Automotive
South Korea sees Zacatecas as a potential investment destination
ZACATECAS – In a meeting with members of the Korea Automotive Industry Cooperation Association (KAICA), South Korea described Zacatecas as…
Mazda and Guanajuato go for next generation vehicle projects
GUANAJUATO – The governor of Guanajuato, Diego Sinhue Rodríguez Vallejo, recently met with Mazda executives in a meeting that reflects…
Volkswagen Puebla stops production of Jetta model
PUEBLA – The Volkswagen de México plant, located in Puebla and one of the brand’s main production facilities in the…
MR InfraAuto to build new plant in Zacatecas
ZACATECAS – Governor David Monreal Avila signed a memorandum of understanding with the Korean company MR InfraAuto, which will set…
BYD Mexico supplies electric buses to Enel X Mexico
MONTERREY, NL – BYD Mexico announced that it will supply Enel X Mexico with 21 state-of-the-art electric buses for its…
Imports of heavy vehicles grew by 119.9% in July
MEXICO – The National Association of Bus, Truck and Tractor-Trailer Manufacturers (Anpact) announced that in July, imports of heavy vehicles…
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 México agrees salary increase
PUEBLA – Volkswagen de México 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 Gómez 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…
