Uncategorize
Mexico’s GDP up 2.4% during first quarter, preliminary figures show
Despite the uncertainty caused by the presidential election and the renegotiation of NAFTA, the Mexican economy expanded by 2.4% in…
Auto sales in Mexico drop during April for the 11th month in a row
Sales of light vehicles in Mexico declined for the 11th month in a row in April, this time to 109,265…
US auto sales drop an estimated 5% in April
U.S. auto sales totaled an estimated 1.35 million units in April, down 5% from the same period a year ago,…
Continental: protectionism, trade wars make our products more expensive
German automotive supplier Continental voiced its support to completely abolish trade tariffs or bring them into line at the lowest…
Marathon-Andeavor merger creates biggest US refiner with a high stake in Mexico
Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) announced that they have entered into a definitive merger agreement under which the…
US postpones tariffs on steel, aluminum for Mexico and Canada
The Trump administration announced it has delayed most of its tariffs on imported steel and aluminum until at least June…
Mexico’s auto industry lobby rejects news proposals on rules of origin
The Mexican Automotive Industry Association (AMIA) voiced its rejection to the latest proposal by the U.S. trade representatives involved in…
French premium glass bottle producer Saverglass to open US$ 120 million plant in Jalisco
France-based premium glass bottle manufacturer Saverglass works on the final details to inaugurate a new plant in the Mexican state…
Tequila Patron builds US$ 120 million distillery in Jalisco
Tequila Patron, pioneer in the ultra-premium segment of spirits, recently broke ground to build a US$ 120 million distillery in…
Wisconsin-based electronics manufacturer Plexus to open its second plant in Guadalajara
Plexus, a Wisconsin-based designer and developer of manufacturing, supply chain and aftermarket services in the electronics sector, announced plans to…
Cisco partners with two firms to open first of its kind oil and gas tech center in Mexico
Wood PLC, Cisco and Roue Consultores have partnered to open a new, first of its kind, Oil and Gas Advanced…
Grupo Gondi taps German group Voith to install state-of-the-art paper machine in Nuevo Leon
Voith, a German developer of mechanical engineering solutions revealed it has been commissioned by Mexico-based Grupo Gondi supply a new…
Nuevo Leon-based Katcon to open three plants in China, US
The Mexican company Katcon plans to open at least three production plants during this and next year; two in China…
Ford likely to build SUVs in Sonora, says state official
After Ford Motor Co. announced that it will cease the manufacturing of sedan cars for the U.S. market, Jorge Vidal…
