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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…
Silicon Valley startup Fivestars to open operational hub in El Paso, Tx
Nancy Gonzalez / MexicoNow Fivestars, a San Francisco-based rewards and marketing startup, is opening an El Paso office, the company…
Four railway companies to invest US$485 million in Mexico during 2018
Four railway companies established in Mexico will invest nearly US$ 485 million in 2018, for tasks of infrastructure improvement, rehabilitation…
Monitoring systems manufacturer SpotSee opens new facility in Chihuahua
SpotSee, a Dallas-based developer and manufacturer of shock and vibration monitoring systems through low-cost connectivity and data, announced it has…
Mexican beer accounts for 67% of imported brews in the US market
Two out of every three imported beers consumed in the United States last year was provided by Mexico, which remains…
American Axle posts record sales, profitability for both 4Q and full-year 2017
American Axle & Manufacturing Holdings Inc. (AAM) reported record sales and profitability for both fourth quarter and full-year 2017, driven…
BMW plant in San Luis PotosĂ is 87% complete, 900 employees hired
The construction of the plant that BMW builds in San Luis Potosi reports an advance of 87% to the month…
French auto supplier Faurecia sees its profits hike 34% during 2017
French auto supplier Faurecia saw its net income hike 34% to 714.5 million euros (US$ 896.4 million) during 2017, the…
Nearly 40 automotive plants are under expansion in Guanajuato, says official
Despite the complications that the renegotiation of the North American Free Trade Agreement (NAFTA) has brought to the automotive industry,…
