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Mexican exports increase for 24 months in a row, yet trade balance results in deficit
Mexico registered a trade deficit of US$ 2.93 billion last October––30.4% higher than the deficit of US$ 2.25 billion in…
US steelmaker Nucor Corp. acquires precision castings plant in Guadalajara
North Carolina-based steelmaker Nucor Corporation announced that it is acquiring Corporacion POK, S.A. de C.V. (POK), a fully integrated precision…
The auto parts industry expects US$ 2 billion worth of Chinese investments in 2019
The new rules of origin of the USMCA, coupled with the trade disputes in the United States, will cause 30…
GM San Luis Potosi plant to shut down for two weeks in December
General Motors announced that its plant in San Luis Potosi will shut down operations for two weeks during December. These…
Chihuahua develops industrial corridor to attract manufacturers of electric vehicles
Authorities of the state of Chihuahua visited the headquarters of the Mexican Association of the Automotive Industry in Mexico City…
Continental opens training center in San Luis Potosi
German-based manufacturer Continental recently inaugurated the Continental Training Center (CTC), located in its San Luis Potosi plant where the company…
BMW CEO confirms Mexico plant will start up with expanded production capacity
Alexander Wehr, BMW CEO for Latin America and the Caribbean, confirmed to local media in San Luis Potosi that the…
Next-gen Mazda3 to be built in Guanajuato, the automaker confirms
Mazda executives confirmed to Mexican media that the production of the next generation Mazda3 will take place in Mexico, although…
In San Diego, more than 350 companies spur a US$17 billion Precision Health Ecosystem
San Diego is home to more than 350 precision health companies, 80 research institutions, 30 hospitals, and five universities. This…
VW Golf family makes it to Car and Driver ‘10Best’ list for the 13th year in a row
Car and Driver magazine has named the Volkswagen e-Golf, Golf, Golf Alltrack, Golf GTI, Golf SportWagen and Golf R to…
Trump, Peña Nieto and Trudeau sign the USMCA trade deal
U.S. President Donald Trump, Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau this morning signed the new…
Audi Q5 earns Kelley Blue Book Best Buy award for second year in a row
For second year in a row, the Audi Q5 has been named winner of the 2019 Kelley Blue Book Best…
Seoul-based Nexen to supply all-season tires for the Volkswagen Jetta
Nexen Tire, a tire manufacturer headquartered in Seoul, South Korea, announced that it has signed a deal to supply its…
Germany-based Elektro-Kontakt invests US$ 24 million to set up its fourth plant in Coahuila
Elektro-Kontakt, a manufacturer of electrical components for a wide range of industries, inaugurated in recent days its fourth production site…
GM closures hit 500 suppliers in Mexico and that is just a wake-up call
Just because General Motors does not plan to idle assembly plants in Mexico, it doesn’t mean the local industry will…
