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Toyota sets eyes on Guanajuato to assemble one of its SUVs
Toyota has announced the purchase of 5% of its Japanese rival, Mazda Motor Corporation, as part of an alliance with…
Why are these 5 States exceeding Guanajuato’s automotive investment?
The times when Guanajuato and Aguascalientes were the States that attracted the most automotive investment Mexico are now past. Five…
Gross Fixed Investment is growing again
Gross Fixed Investment (GFI) in Mexico presented positive inter annual growth, with a 1.1% expansion last May, prompted mainly by…
Toyota assessing to produce Tacoma pick up and other SUVs at the Guanajuato plant
Toyota Motor Corp is assessing the possibility to produce a model of Sports Utility Vehicle (SUV) in the plant which…
Intel plans to build more than 100 autonomous vehicles for testing in US, Israel and Europe
Just hours after its acquisition of auto-visual company Mobileye was completed, Intel announced that it will build a fleet of…
Commercial Vehicle Group posts 9% increase in revenue during second quarter
Heavy truck industry supplier Commercial Vehicle Group, Inc. (CVGI) reported second quarter 2017 revenues of US$ 195.1 million compared to…
Gentherm to supply Mercedes-Benz on its first premium segment deal
Michigan-based Gentherm, a developer and manufacturer of thermal management technologies, announced that it has been selected for a next generation…
UK-based cargo airline CargoLogicAir to open London-to-Mexico City service
UK-based all-cargo airline CargoLogicAir (CLA) announced it will begin twice-weekly London-to-Mexico City service, a route linking the Mexican capital to…
Chinese joint venture acquires major stake in Koller, which just opened a plant in Puebla
Fosun and its joint venture Nanjing Nangang Iron & Steel United Co. Ltd. announced they’ve completed the acquisition of a…
German supplier ZF unveils new column drive steering system for the Jeep Compass
Germany-based auto supplier ZF has launched its first column drive steering system in the US market on the all-new 2017…
Mazda scores technological breakthrough with compression ignition engine
Mazda Motor announced this week it has become the world’s first automaker to commercialize a compression ignition gasoline engine, meaning…
Nestle plans a US$ 100 million upgrade to its 17 Mexican facilities
Swiss food and beverage giant Nestle intends to invest about US$ 100 million to upgrade its 17 plants in Mexico…
Zuma Energia secures funds for Mexico’s biggest wind farm project
Mexican renewable energy group Zuma Energia announced it has secured US$ 600 million to finance a wind farm project in…
Macquarie’s US$ 42.4 million solar plant in Coahuila is now operational
Macquarie Mexican Infrastructure Fund (FIMM I for its initials in Spanish), an investment fund by Australian bank Macquarie, announced to…
Triumph Group draws back plans to sale manufacturing plant in Mexicali
Pennsylvania-based aerospace components manufacturer Triumph Composite Systems Inc. revealed its interior business is no longer for sale. The division comprises…
