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Mexican airlines register US$2.4 billion net loss
MEXICO – The COVID-19 pandemic resulted in the three main airlines in Mexico – Volaris, Grupo Aeroméxico and Viva Aerobus…
The Mexican aerospace industry has a clear vision of what it takes to adapt to the new normal
TIJUANA – Although the aerospace sector is one of those affected by the COVID-19 pandemic, it is one of those…
FINSA acquires 45,838 square meters for US$$25.5 million
GUADALAJARA – As one of the initial operations of the new Finsa III Fund and the expansion plan, the developer…
ASF admits inconsistencies in NAIM audit
MEXICO – The Superior Audit of the Federation (ASF) recognized that there are inconsistencies in the quantification carried out in…
NASA projects facilities in Mazatlán
MAZATLÁN – There is the possibility of installing a NASA research center in the Aerospace Park that is already being…
Reactivation of the automotive sector will be gradual after power outages
MEXICO – Uncertainty predominates in the automotive industry, because even when the authorities recently lifted the critical alert for the…
Despite fourth-quarter profit, Volaris loses US$215 million
MEXICO – During 2020, the low-cost airline Volaris registered a net loss of US$215 million, as a result of the…
Audi and VW resume production rhythm after shortage of natural gas
MEXICO – The Audi automaker in Mexico reported that its Puebla plant, located in San José Chiapa, will resume its…
NAIM’s cancellation cost 232% more than expected
MEXICO – The cancellation of the New International Airport OF Mexico (NAIM) cost US$16 billion, 232% more than expected by…
TLN Group develops Multimodal Logistics Park in Nuevo Leon
PESQUERIA – The dynamics of the automotive industry is cyclical. Faced with this situation, the protagonists of the sector identify…
Volkswagen to extend production stoppage in Mexico
MEXICO – The Volkswagen de México assembly plant announced that since there is no official notification that allows certainty of…
The Autonomous University of Querétaro launches an automotive laboratory
QUERETARO – With an investment of US$117,447, Teresa García Gasca, the rector of the Autonomous University of Querétaro (UAQ) of…
U.S. Trade Rules You Must Know in the Automotive Industry in 2021
GlobalAutoIndustry.com’s latest Audio Interview “U.S. Trade Rules You Must Know in the Automotive Industry in 2021” features Leslie Alan Glick. …
Viva Air flies to Mexico
MEXICO – The Colombian airline Viva Air launched the new routes Medellín-Mexico City, Bogotá-Mexico City, Medellín-Cancún, as well as Medellín-Orlando…
Sweden in Mexico
By Arturo Chretin Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal and external communications, and…
