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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,…
Eight Mexican states compete for Chinese automotive plant
Coahuila, Puebla, Nuevo Leon, Yucatan, Quintana Roo, Sonora, Hidalgo and Guanajuato compete to attract a significant investment from Chinese automaker…
FCA recalls about 227,000 Ram trucks in the NAFTA region over faulty shifters
Fiat Chrysler Automobiles announced a new recall for about 229,000 Ram trucks, mostly in North America, because they can be…
US$275 million for BC-California land Port Of Entry
US$275 million are being invested on the land Port Of Entry in the city of Calexico, California, which is Mexicali,…
Grupo Modelo announcing investment in Aguascalientes
With investment valued at US$5 million, Grupo Modelo AbInveb announced the expansion of its corporate offices located in Tres Centurias,…
BMW plant in San Luis Potosi, going as planned
Just the announcement of BMW’s arrival to San Luis Potosi, attracted twenty firms, and as soon as the plant starts…
El Paso-based manufacturer Seisa Medical secures funds to expand its global footprint
Seisa Medical Inc., an El Paso-based manufacturer of components and products for the medical devices field, announced that it has…
Auto parts manufacturer Tenneco reports 7% earnings increase during 2017
Ride-control and emissions control systems supplier Tenneco Inc. said its adjusted net income for the fourth quarter increased 7.8% to…
CFM International achieves near-record level orders for aircraft engines in 2017
CFM International, an Ohio-based manufacturer of aircraft engines, announced that orders for both of its product lines again achieved near-record…
Grupo Modelo to establish services center for Latin America in Aguascalientes
Grupo Modelo announced a US$ 5 million investment to expand its Regional Services Center in Aguascalientes, in order to become…
Seventh round of NAFTA talks set one day earlier
The seventh round of talks for the renegotiation of the North American Free Trade Agreement (NAFTA) will be held in…
America Movil posts steep 4Q loss on peso depreciation, customers decline
America Movil, the Mexican telecommunications corporation owned by billionaire Carlos Slim, posted a net loss of MX 11.295 billion (US$…
Mexicans abroad sent a record US$ 28.7 billion in remittances during 2017
The depreciation of the Mexican peso against the dollar in 2017 as well as the rhetoric of the Trump administration…
DB Schenker growing in the region
DB Schenker recorded growth in air cargo movement in Aguascalientes, Guadalajara and Tijuana during 2017. “Our total regional growth averaged…
