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Detroit-based Piston Group buys Takata’s automotive interior business
Takata Corporation, a leading global supplier of automotive safety systems, announced that it has sold its subsidiary, Irvin Automotive Products…
Agro-industrial park in Queretaro enters second phase expansion
Agropark agro-industrial Park expanded its presence in Colon, Queretaro, with a 178% increase of land availability and 122% increase in…
Nuevo Leon Automotive Cluster to boost local supply chain
The Automotive Cluster of Nuevo Leon (CLAUT) and the Ministry of Economy (SE) started up a national pilot project to…
Panasonic invests US$ 22.8 million in Tijuana
Panasonic just disclosed the opening of its new factory in Tijuana, Baja California, called Panasonic Ecology Systems Mexico (PESESMX), The…
On Mexico Issue 83
Oscar Albin: “U.S. facilities continue working at full capacity and our Mexican auto parts manufacturers are still being favored with…
Cisco readies US$ 4 billion to secure contracts with manufacturers in Mexico
San Jose, CA-based technology company Cisco Systems is investing US$ 4 billion in Mexico over the next couple of years to…
Mexican peso rebounds after U.S. presidential debate
After the first presidential debate, the Mexican peso rebounded from a record low in a sign investors perceive Hillary Clinton…
Soon to be built in Mexico, new Jeep Compass officially unveiled
Fiat Chrysler’s Jeep brand unveiled a redesigned Jeep Compass compact SUV at a factory in Brazil Monday night. The new…
CFE relaunches tender for combined-cycle power station
Mexico’s federal electricity company CFE relaunched a tender for the Topolobampo III combined-cycle power station. The 666MW plant is planned…
Ford fact-checks Trump’s claims on shipping jobs to Mexico
Republican Presidential nominee Donald Trump continued to voice his concern and disdain for Ford’s movement of its small car production…
AHMSA seeks US$ 350 million investment to supply automotive industry
Mexican steelmaker Altos Hornos de Mexico (AHMSA) is seeking a US$ 350 million financing to buy new equipment in order…
Airbus opens pilot training facility in Mexico
Airbus opened a new pilot training facility in Mexico City, the first of its kind in Latin America. Funded jointly by…
Rockwell Collins to supply touch-screen flight displays for new Boeing 777X
Iowa-based Rockwell Collins has been awarded a contract to provide touch-screen flight displays for all five flight deck displays on…
FEMSA acquires Brazilian bottler Vonpar for US$ 1.02 billion
Coca-Cola Company is furthering its reach in Brazil through an acquisition via a business unit based in Mexico. Coca-Cola FEMSA…
Hyundai’s production paralyzed by strike in Korea
A strike by unionized workers paralyzed Hyundai Motor’s operations all over Korea Monday, incurring tens of millions of dollars in lost production and tarnishing…
