Uncategorize
Automotive transit through Lazaro Cardenas port grows 24% during January
Last January, the Lazaro Cardenas port managed 33,976 vehicles through its premises, which represented an increase of 24% compared to…
Nissan Cuernavaca plant shuts down third shift; lays off 550 workers
Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…
Nissan Cuernavaca plant shuts down third shift; lays off 550 workers
Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…
Ternium, ArcelorMittal keep up with investments plans in Mexico despite threat of tariffs
Ternium and ArcelorMittal, two of the main steel producers in Mexico, announced that they do not plan to stop the…
Seventh round of NAFTA talks concludes three chapters, leaves six more near completion
The negotiating teams from Mexico, United States and Canada managed to close three NAFTA chapters and left six more near…
GKN in talks with Dana over sale of auto division; two Mexican plants involved
U.K.-based manufacturer GKN PLC confirmed last Friday that it is in talks with Dana Inc. over the possible merger of…
This is how auto sales ended up during February over the NAFTA region
Sales of light vehicles in the U.S. market fell during February as carmakers lowered incentives and as interest rates increased….
Auto sales in Mexico decline for the ninth straight month; 7.2% in February
Sale of brand new light vehicles in the Mexican market totaled 109,484 units in February, 7.2% less compared to same…
US auto sales fall 2.4% during February on lower incentives and higher interest rates
Sales of light vehicles in the U.S. market fell during February as carmakers lowered incentives and as interest rates increased….
GM unveils the 2019 GMC Sierra Denali, its most luxurious pick up to date
General Motors revealed its latest addition to the high-end truck market Thursday with the 2019 GMC Sierra Denali and SLT…
Netherlands-based Constellium N.V. inaugurates state-of-the-art plant in San Luis Potosi
Netherlands-based Constellium N.V. celebrated the grand opening of its new Automotive Structures plant in San Luis Potosi, to supply aluminium…
Spain-based Fagor Ederlan, Grupo Industrial Saltillo open two plants in San Luis Potosi
The companies Fagor Ederlan and GISederlan inaugurated in recent days their respective plants in San Luis Potosi, to which an…
Mexico’s automotive industry attracts record FDI in 2017
During 2017, the automotive industry established in Mexico captured the largest Foreign Direct Investment (FDI) in its history, despite the…
Continental to double investments made in Mexico during the last 5 years
German automotive Tier 1 supplier Continental plans to double the investments made during the last five years in Mexico over a…
