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Mexico auto sales dropped in October less than previously reported, revised data shows

Revised figures indicate that the decline in auto sales in Mexico during last October was of 4.9%, a figure lower…

7 November, 2018

AMIA: 70% of Mexico-made vehicles already comply with USMCA content rules

7 November, 2018

While some automakers with operations in Mexico will have to work their way through in order to meet the criteria…

ArcelorMittal inks US$ 1 billion power supply deal with state-owned utility CFE

7 November, 2018

CFE Calificados, a subsidiary of state-owned utility company ComisiĂłn Federal de Electricidad (CFE), revealed that it has signed a US$…

ArcelorMittal inks US$ 1 billion power supply deal with state-owned utility CFE

7 November, 2018

CFE Calificados, a subsidiary of state-owned utility company ComisiĂłn Federal de Electricidad (CFE), revealed that it has signed a US$…

Auto sales in Mexico drop to 2014 levels in October

5 November, 2018

– Edit – As timely clarified in the last paragraph, the figures in this report have been updated and can be…

General Motors awards 127 suppliers in Mexico for Quality Excellence

5 November, 2018

For the sixth year, General Motors Mexico delivered the 2017 Supplier Quality Excellence Award to recognize members of its supply…

Continental acquires Cooper Standard’s anti-vibration systems business

5 November, 2018

Continental’s shopping spree keeps on going. Last Friday the German manufacturer announced it has reached an agreement with Cooper Standard,…

Hyundai plans to expand manufacturing operations in Nuevo Leon, state official says

5 November, 2018

Government officials from the state of Nuevo Leon revealed last week that Hyundai plans to expand its manufacturing operations through…

Canada auto sales dip in October for the seventh month in a row

5 November, 2018

Canada’s auto sales dipped for the seventh straight month in October due in part to higher interest rates. According to…

Despite a marginal increase of 0.4%, US auto sales beat estimates in October

2 November, 2018

U.S. auto dealers sold approximately 1.36 million vehicles in October, which represented a marginal increase of 0.4%, according to data…

Volvo Buses to increase coaches exports from Mexico to the US

2 November, 2018

Volvo Buses plans to increase exports to the United States by 33% of the coaches it produces at its plant…

Rassini launches tender offer aiming to delist from Mexican stock market

2 November, 2018

Mexican manufacturer of suspension and brake systems Rassini announced that a Special-Purpose Vehicle (SPV) created by a group of investors…

Continental to build US$ 60-million plant in Aguascalientes for electronic components

2 November, 2018

German Tier 1 automotive supplier Continental AG yesterday unveiled plans to build a manufacturing plant in Aguascalientes, central Mexico, dedicated…

Smart exits Mexican market for a while to return as a full-electric brand

1 November, 2018

Daimler’s micro urban cars subsidiary Smart, announced that it will cease operations in Mexico for a while to change its…

Mexico won’t sign USMCA unless US removes steel tariffs, says trade official

1 November, 2018

Mexico won’t sign the new free trade agreement between the United States, Mexico and Canada (USMCA) unless the U.S. removes…

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