Uncategorize
French investment growing
French investment is earning a spot in the Mexican economy. Foreign Direct Investment (FDI) from France in Mexico totaled US$…
Railroad projects for SEZ valued at US$715: AMF
The economic resources required to develop the railroad infrastructure in the Special Economic Zones is coming from the public and…
Tijuana investment duplicating
Tacna Corporation, dedicated to promoting investment in Baja California, estimates that, between the installation of new plants and the expansion…
43 automotive providers to be installed soon in Tlaxcala
The Secretary of Economic Development in the State, Jorge Luis Vasquez Rodriguez, affirmed that this office is currently in the…
Ford’s profits fall 35% amid recalls, lower sales and a plant cancellation in Mexico
Ford Motor Co.’s profit fell 35% to US$ 1.6 billion -or US$ 0.40 per share- in the first quarter, affected…
Investment firm acquires Maysteel Industries, deal includes a plant in Monterrey
Wisconsin-based Maysteel Industries LLC has been acquired by Savannah, Georgia-based LJC Investments III LLC, an investment fund of Littlejohn Capital…
Precision Cable Assemblies opens plant in Monterrey
Precision Cable Assemblies, Inc. (PCA) announced the opening of its newest Harness and Cable manufacturing facility located in Monterrey, Nuevo…
Nissan Mexico reaches record levels in production, sales during March
Nissan Motor’s global sales and production rose to record levels in the twelve-month period ending March 31, 2017, driven by…
Lear Corporation reports record sales, earnings for first quarter 2017
Lear Corporation, a leading global supplier of automotive seating and electrical systems, reported record sales and earnings for the first…
U.S. auto industry accelerated automation in 2016
The U.S. manufacturing industry installed 31,500 robots during 2016, out of those a new record of approximately 17,500 units went…
Daimler net profit doubles boosted in part by record sales in Mexico
Daimler reported its net profit doubled during first quarter 2017 on the back of record sales and revenues. The company’s…
Mexico’s heavy truck output dropped 20% in February
Mexico exported 7,500 heavy trucks during February, 24.6% less units than same month from 2016, according to figures by the…
Tesla follows Audi’s strategy in Mexico to meet production deadline
According to a report by Reuters, Tesla CEO Elon Musk is skipping key testing processes to launch its Model 3 sedan by…
Mexico’s auto imports reach record high in first quarter 2017
For the first time, Mexico’s auto imports surpassed the 200,000 units milestone in a three-month period. According to the Mexican…
