Automotive
DiDi plans to invest US$57 million in electric vehicles
DiDi announced an investment plan of more than US$57 million to boost the adoption of electric vehicles in Mexico: a…
BMW M2 built in Mexico breaks record
Mexican automotive manufacturing expertise is once again in the international spotlight with the BMW M2, produced at the BMW Group…
Audi Mexico: Honored with the 2026 Dual Excellence Award
Audi Mexico reaffirms its leadership in talent development after achieving outstanding results in the 2026 Dual Excellence Award—one of the…
Nexu gets US$142 million from HSBC for car loans
Nexu, a Mexican fintech platform that offers auto financing solutions, announced that it has received a new line of credit…
TRAXION: Certified by EcoVadis for sustainability performance
EcoVadis recognized TRAXION as a “Committed Company” through its assessment of corporate sustainability performance. The platform’s methodology uses international standards…
Volkswagen Plans Up to 100,000 Layoffs Worldwide
Oliver Blume, CEO of the Volkswagen Group, will ask the supervisory board this month to approve the largest restructuring in…
USMCA to Remain in Effect for Up to 10 Years
The U.S. government has decided not to automatically renew the trilateral trade agreement with Canada and Mexico, the USMCA, but…
Demand for Hybrids Boosts U.S. Auto Market
A sharp increase in demand for hybrid cars, driven by high gas prices, led the U.S. market to post a…
Toyota to invest US$3.6 billion in relocation
Toyota has announced an investment of US$3.6 billion to build a new manufacturing plant in San Antonio, Texas, as part…
Stellantis records historic sales in Mexico
Stellantis Mexico posted its best second quarter ever, selling 24,086 units, representing a 19% increase compared to the same period…
Scania invests in Tijuana to relocate its plant
Scania announced the relocation of its Tijuana branch, with an investment of US$782,000, aimed at increasing its service capacity for…
KIA Mexico receives J.D. Power Quality Award
Kia Mexico’s plant, located in Nuevo Leon, was honored with J.D. Power’s 2026 Gold Quality Award, standing out as the…
Queretaro: Leader in auto parts production with US$9.5 billion
Queretaro has evolved from being merely a logistical hub in the Bajio region to becoming a strategic and indispensable hub…
Santander Mexico expects increase in loans for electric cars
Santander Mexico forecasts that its loan portfolio for electric and hybrid vehicles will grow by 35% in 2026, which would…
Light vehicles see annual sales growth of 7.6%
As of the end of June, INEGI reported that 126,778 units were sold, representing a 7.6% year-over-year increase compared to…
