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Grupo Mexico Transportes to invest US$410 million in 2018
GMexico Transportes, the railroad division of Grupo Mexico, is planning to invest US$410 million, including the US$6.5 million that were…
Standard Motor Products aims for long term benefits by consolidating production in Reynosa
Standard Motor Products, Inc., a New York-based manufacturer and distributor of auto parts, saw its earnings decrease in 2017 due…
Rassini’s net income increases 3% in 2017 limited by higher costs in North America
Rassini, a Mexican company engaged in the design and manufacture of suspension and brake components for the automotive industry, increased…
Constellium Automotive Structures to open US$ 10 million plant in San Luis Potosi
Constellium Automotive Structures, a subsidiary of Amsterdam-based Constellium N.V., announced its new production plant in San Luis Potosi, Mexico, is…
Mazda3 earns 2018 Best New Car Award by the Good Housekeeping Institute
The 2018 Mazda CX-5 SUV and the 2018 Mazda3 sedan have both been recognized for Good Housekeeping Institute (GHI) 2018…
Aeromexico-Delta alliance launches direct flight from Detroit to El BajioÂ
Starting next April 30, Aeromexico and Delta Air Lines will connect the Bajio region with Detroit, cities with an important…
Mexico-Russia commercial relation growing stronger
Mexico has invested US$24 million in Rusia from 2007 through 2016, an amount that has been injected by national companies,…
Mercado Libre planning to open two distribution centers in Mexico
Argentinian Company Mercado Libre, dedicated to online transactions among users, is going to open two distribution centers in Mexico as…
Forty Guanajuato companies expanding operations
Nearly 40 companies established in the State of Guanajuato are going to expand their facilities in 2018, thus generating roughly…
Siemens boosting Mexico’s modernization and economic development
The investment pack valued at US$200 million to be applied in Mexico over the next 10 years is going to…
Railroad Corporations to invest over US$500 million this year
Mexican railroad corporations are going to invest US$500 million this year, and these resources will be focused on infrastructure improvement,…
Select Audi models to feature integrated toll payment technology in North America
Beginning later this year, Audi of America will expand its vehicle-to-infrastructure (V2I) technology offering with the launch of a vehicle-integrated…
Robert Bosch acquires ridesharing startup Splitting Fares Inc.
Robert Bosch, the world’s largest auto supplier announced it is entering the ridesharing business through the acquisition of Splitting Fares…
Driven by automotive sector, InnovMetric acquires its distribution partner in Mexico
InnovMetric Software Inc., a Canadian provider of universal 3D metrology software solutions, today announced the acquisition of Prefixa Vision Systems,…
Safran inaugurates its third manufacturing plant in Queretaro, seventh facility overall in Mexico
French aerospace components manufacturer Safran and U.S.-based advanced materials producer Albany International Corp. inaugurated today, in Queretaro, Mexico, a third…
