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US, Canada resume NAFTA talks; deal could be reached over the weekend, says Mexican official
Trade representatives from the U.S. and Canada on Wednesday resumed negotiations to revise the North American Free Trade Agreement (NAFTA)…
This is how auto sales ended up in the NAFTA region during August
U.S. auto sales slightly declined in August 0.2% to 1.48 million vehicles as the growing demand of pickups, crossovers and…
Audi Puebla facility becomes first premium auto plant to achieve zero wastewater
Audi’s assembly plant in Puebla, Mexico has become the world’s first premium manufacturing center to produce automobiles completely free of…
Auto sales in Mexico drop 5.3% during August
Last month, auto dealers in Mexico sold 118,715 vehicles, 5.3% less units than those marketed in August 2017, marking the…
US auto sales decline 0.2% in August signaling lower demand for second half of 2018
U.S. auto sales slightly declined in August 0.2% to 1.48 million vehicles as the growing demand of pickups, crossovers and…
Mexico receives a record US$ 2.86 billion in remittances during July
Mexico received US$ 2.86 billion in remittances in July, a figure that represents an increase of 10.3% compared to the…
Iberdrola invests US$290 million in Puebla wind farm to triple output capacity
Spain-based utility company Iberdrola announced that the second phase of the PIER wind farm, located in the state of Puebla,…
All-new KIA Forte scores 41 MPG in highway boosted by new ‘intelligent’ transmission
Korean automaker KIA announced that, due to an all-new available Intelligent Variable Transmission (IVT), its redesigned 2019 Forte sedan has…
Nissan recalls 166,000 cars in the US, Canada over faulty ignition switches
Nissan Motor Co. said that it will recall about 166,000 small cars, commercial vans, and mid-size pickup trucks to replace…
Yanfeng invests US$36 million in Queretaro to support Mercedes Benz A Class program
Chinese automotive supplier Yanfeng announced that, after a US$36 million investment, its Queretaro plant is ready to support Mercedes Benz’s…
Hybrid cars already account for more than 10% of Toyota sales in Mexico
Toyota will end 2018 with around 10,000 hybrid vehicles sold in Mexico, according to columnist Barbara Anderson of Milenio, who…
Former Lear CEO tops list of highest-paid execs in the auto industry
Matthew Simoncini, who retired after guiding the automotive seat supplier Lear Corp to record sales and earnings, was the highest-paid…
Nissan Versa Sedan, still the most affordable new car in the US market
Despite a small price increase for the 2019 year model, the Nissan Versa Sedan is still the most affordable new…
Mexico’s heavy truck production hikes 19% in June, 10.9% during first half of 2018
The National Association of Buses, Trucks and Tractor Trucks Producers (ANPACT) reported that last June the production of heavy vehicles…
ABC Group opens US$ 30 million plant in Coahuila; its fifth Mexican location
Canadian auto components manufacturer ABC Group last week inaugurated its fifth production facility in Mexico, located at the FINSA industrial…