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Queretaro state attracts 50% of FDI in Mexico for the aerospace industry
Queretaro has managed to develop and integrate a highly competitive ecosystem for the aerospace sector, which has attracted 50% of…
Redwood Logistics opens regional office in Tamaulipas to supply cross-border solutions
Chicago-based Redwood Logistics recently announced the launch of Redwood Mexico, a venture that promises to simplify the process of shipping to…
Magna International lowers full-year expectations amid uncertainty due to tariffs
Canadian Tier 1 auto supplier Magna International Inc. announced it has lowered expectations for the second half of 2018 amid…
Rassini’s net income drops 14% in second quarter despite higher sales
Rassini, S.A.B. de C.V., a Mexico-based manufacturer of suspension and brake components, saw its second quarter net income decrease 14%…
Ford just built its 10 millionth Mustang; here’s how Mexico contributed to such milestone
Ford celebrated the production of its 10 millionth Mustang, a high-tech, 460 horsepower 2019 Wimbledon White GT V8 six-speed manual…
FCA recalls 1.4 million Ram trucks in North America over issue in tailgate locking
FCA US is voluntarily recalling an estimated 1.4 million pickup trucks in North America to upgrade their tailgate locking mechanisms…
Tatung presents its solar energy system in Chihuahua
The Taiwanese company Tatung is seeking to provide an integrated solar energy system at Grupo Cementos de Chihuahua’s (GCC) plant…
Taxes on junk food increase in the first half of 2018
Secretaría de Hacienda y Crédito Público (SHCP) reported that the recollection of the Special Tax on Production and Services (IEPS)…
Beer production will grow in Mexico
It is expected that by the end of 2018, domestic beer production will be higher than the 110 million hectoliters…
Switzerland expects continued investment in Mexico
Swiss companies hope that their investments in the country will continue and that issues such as transparency and the fight…
Bolsa Mexicana de Valores reached 50,000 units
Bolsa Mexicana de Valores (BMV) reached its highest level of intraday trading since February 2018. The Mexican benchmark index surpassed…
Mondelēz plans to bring Oreo Chocolate to Mexico
The snack company Mondelēz will bring Oreo Chocolate to Mexico in October, which will open up doors in the national…
Mexico auto exports dip on U.S. sales
Mexican automobile exports, excluding those made by Nissan, fell 5.5% in July year-on-year on weaker U.S. sales, while output…
The Cancun-Tulum and Maya trains could merge into one project
The government of Quintana Roo and Rogelio Jiménez Pons, who will occupy the General Directorate of the Fondo Nacional de…
Puerto Manzanillo will receive 42 cruises next season
The secretary of Tourism of the state of Colima, Efraín Angulo, indicated that they’re expecting at least 42 passenger boats…
