Automotive
South Korean companies want to invest in Mexico
MEXICO – A group of 80 South Korean electromobility companies, electric vehicle manufacturers and semiconductor producers are interested in investing…
Shandong Weida Machinery to invest US$15 million
MATAMOROS, COAH – The Governor of Coahuila, Miguel Riquelme, welcomed Shandong Weida Machinery, which is coming to the Laguna Industrial…
Auto parts sector forecasts production to close 2023 with US$116 billion
MEXICO CITY – The twenty-first edition of the International Automotive Industry Congress of Mexico (CIIAM), organized by the National Auto…
Vehicle production in Mexico rises almost 14% in the first half of 2023
MEXICO – Mexican vehicle production grew by almost 14% year-on-year in the first half of 2023, showing the recovery of…
Toyota Mexico closes the first half of the year with good numbers
MEXICO – Between January and June of this year, Toyota Mexico sold 47,632 cars, which translates into an accumulated market…
BorgWarner to build new plant in San Luis PotosĂ
SAN LUIS POTOSI – BorgWarner, Tier 1 leader in mobility solutions, laid the first stone of its new plant in…
AntexTextil has invested more than US$23 million in Tlaxcala
TLAXCALA – The governor of Tlaxcala, Lorena CuĂ©llar Cisneros, visited the facilities of the Spanish company AntexTextil, located in Ciudad…
BYDeléctrico inaugurates first Mass Recharging Hub for trucks
STATE OF MEXICO – BYDelĂ©ctrico, BYD’s master dealer in Mexico, which last year marketed the first Class 8 electric trucks…
Neapco to invest US$59 million in Coahuila
SALTILLO, COAH – The governor of Coahuila, Miguel Ăngel Riquelme SolĂs, announced the expansion project of the Neapco company, in…
Rosario Pena is the new CFO for General Motors de Mexico
MEXICO – General Motors appoints Rosario Pena as new Chief Financial Officer (CFO) for Mexico, effective September 1. Rosario joins…
ZF expands production of electronic components in Monterrey
NUEVO LEON – ZF Group began mass production of advanced electronic and power-assisted driving components for its Electronics & ADAS…
Bosch Rexroth inaugurates new plant in Queretaro
QUERETARO – Bosch Rexroth inaugurated its new plant in Pedro Escobedo, Queretaro, where it invested US$251 million and plans to…
SA Automotive to install plant in Ramos Arizpe
RAMOS ARIZPE, COAH – SA Automotive announced an investment of US$16 million for the installation of a hybrid plant in…
Asiaway inaugurates plant in San Luis Potosi
SAN LUIS POTOSI – The Chinese automotive supplier, Asiaway Automotive Components, inaugurated the first phase of its new plant in…
General Motors Mexico announced organizational changes in its commercial team
MEXICO – General Motors de MĂ©xico announced organizational changes in its commercial team. Jorge Plata will be the new Vice…