Automotive
Auto parts production will reach around US$125 billion in 2024: INA
MEXICO – The National Auto Parts Industry (INA) announced that production for 2024 is estimated to reach close to US$125.5…
Nissan closes 2023 as sales leader in Mexico
MEXICO – Nissan Mexicana consolidated its position as leader in the Mexican automotive market at the end of 2023, standing…
Tesla could start construction of gigafactory during first quarter of the year
NUEVO LEON – The governor of Nuevo Leon, Samuel Garcia Sepulveda, estimated that Tesla’s gigafactory in Santa Catarina could start…
GAC opens its first agency in Mexico
CANCUN, Q. ROO – GAC Motor has inaugurated its first official distributor in Cancun, Quintana Roo, in association with Grupo DC,…
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 León to install an electric vehicle production…
KIA produces last KIA Rio in NL
PESQUERÍA, NL – After seven years of production at the KIA Motors assembly plant in Pesquería, Nuevo León, 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…
