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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…
Nissan plants resume operations amid uncertainty for layoffs
Thousands of workers from the two Nissan plants in Aguascalientes returned yesterday to their jobs with the uncertainty of not…
Pay raises take effect for 4,300 Audi workers
The 4,300 unionized workers of Audi Mexico began the year with a salary adjustment of between 5.35 and 5.76% as…
KIA workforce in Nuevo Leon unaffected by end of production of Forte hatchback
Executives from KIA Motors Mexico informed that the decision to stop producing the hatchback version of the KIA Forte in…
