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Official figures claim Mexico’s auto production fell in 2018, but key data is missing
Auto plants established in Mexico built 237,677 light vehicles during December, such figure represents a 9.7% decline compared to same…
Here’s how sales of Mexico-made cars ended up in the US market during 2018
Another year went by and demand for light trucks strengthened above that of sedan vehicles. Some automotive companies, such as…
San Luis Potosi boasts thrive in manufacturing exports, investment
Gustavo Puente Orozco, Secretary of Economic Development of San Luis PotosĂ, announced that in 2018 the state exported about US$…
Italian oil company Eni to invest US$475 million in Mexico during 2019
Oil company Eni will invest US$474.9 million in Mexico during 2019, as part of its development plan to extract oil…
Chinese developers to build US$134-million industrial park in State of Mexico
With an investment of US$ 134 million, Chinese investors will build an industrial park in the municipality of Apaxco, State…
Two out of three auto execs surveyed in poll expect cost increases due to USMCA rules
Two thirds of automotive executives surveyed in a poll believe production costs will increase as result of the new trade…
Deitac to analyze possibilities for an Ensenada-Long Beach maritime bridge
As President Donald Trump has made statements about possibly shutting down the border’s garitas if the US Congress doesn’t fund…
Flex America to invest US$9 million to expand output capacity at Altamira plant
Flex America S.A. de C.V., a manufacturer of polyester and metalized films, will invest US$ 9 million this year in…
Emirates negotiates a daily flight to Mexico
Currently, discussions continue between the airline Emirates and the airport authorities of Mexico for the launch of a route connecting…
Banks and Mexico’s president plan to eliminate cash
The Association of Banks of Mexico (ABM), represented by its president, Marcos Martinez, is committed to reduce the amount of…
Fishing and Aquaculture increase 39% in Baja California
Baja California registered a 39% increase in total production of fish and aquaculture, said the governor of the entity, Francisco…
With an amount of US$480 million, the cruise industry grows in Mexico
In 2018, Mexico exceeded expectations in cruise ship tourism, with a growth of 7.2% regarding the number of tourists per…
Mexico auto sales sink 10.7% in December, 7.1% overall in 2018
Auto dealers in Mexico sold 141,963 light vehicles in December for a total of 1,421,458 units throughout the year, which…
Andreas Lehe provisionally assumes presidency of Audi Mexico
As of January 1, Andreas Lehe assumed the presidency of Audi Mexico, a position that he will keep temporarily at…
Driven by auto industry, Aguascalientes attracts FDI worth US$900 million in 2018
The state of Aguascalientes received nearly US$900 million of foreign direct investment (FDI) in 2018, of which 49% was earmarked…
