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Automakers invest a record US$ 3.62 billion in Mexico during first half of 2017
Despite the uncertainty created by the renegotiation of NAFTA, foreign investments by automakers totaled the record figure of US$ 3.62…
Shell opens its first gas station in Mexico; plans US$ 1 billion investment over 10 years
With a compromise to invest US$ 1 billion over the next 10 years, oil and derivates Anglo-Dutch company Royal Dutch…
Bus industry supplier Eberspaecher opens new plant in Monterrey
In order to serve the strategically important Mexican bus market, Germany-based The Eberspaecher Group has strengthened its activities with a…
Honda agrees US$ 605 million settlement over Takata airbags
Japanese automaker Honda has agreed to a US$ 605 million settlement to pay for buyers’ claims related to the deadly…
BMWs paint shop concept for San Luis Potosi awarded the ‘Prix de la Technique’ in France
The BMW Group announced it has received the Prix de la Technique 2017 at the prestigious Surcar Congress in Cannes…
UTC, Rockwell Collins combine aerospace operations, including four Mexican facilities
United Technologies Corp. (UTC) and Rockwell Collins, Inc. announced that they have reached a definitive agreement under which United Technologies…
First generation of mechatronics technicians graduate from BMW program in Mexico
BMW Group celebrated in San Luis Potosi the graduation of the first 24 trainees as Mechatronics Technicians who represent the…
Japan-based Sekisui invests US$ 55.5 million to expand its Mexican facility
Sekisui, a Japan-based manufacturer of interlayer film for laminated glass, announced it will invest US$ 55.5 million to expand a…
Japanese auto supplier Tachi-S to build in Morelos its eighth Mexican plant
According to state officials from Morelos, Japanese auto supplier Tachi-S plans to build a new production site in the municipality…
Mexican auto sales drop 6.5% in August, year-to-date deliveries still up 0.3%
Mexican auto dealers sold 125,331 light vehicles in the eighth month of 2017, 6.5% less than the 134,043 vehicles delivered…
Hurricane Harvey weakens US auto sales in August
Just when most analysts expected August will bring the first net increase of auto sales in the U.S. market, Hurricane…
Volvo’s new US plant to rely on at least 29 suppliers from Mexico
Volvo’s marketing officials in Mexico revealed the company’s new plant, scheduled to start production by the third quarter of 2018…
VOXX International completes sale of Hirschmann subsidiary, a Queretaro plant included
VOXX International Corporation announced that it has closed on its previously announced sale of Hirschmann Car Communication GmbH and its…
Second round of NAFTA renegotiations starts in Mexico City
With 25 working groups, round two of NAFTA renegotiations started Friday in Mexico City, where trade representatives from Canada and…
Sigma Alimentos acquires remaining shares of Romanian firm Caroli Foods Group
Romania-based Caroli Foods Group, ranked at the top of the 10 biggest companies in the European meat industry, was taken…
