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Confidence in the transport and logistics sector shows recovery
MEXICO — In the edition corresponding to the 4th quarter of 2018 (4Q18), the Confidence Index in the Transport and Logistics…
Canadian manufacturer Magna sees earnings decline in fourth quarter due to tariffs
Canada-based automotive supplier Magna International Inc said its profits declined in the fourth quarter despite record sales due in part…
Second runway in Toluca’s airport as a federal government’s plan
TOLUCA — Alexandro Argudín Le Roy, director of the Toluca International Airport (AIT) confirmed that the federal government plans the construction…
Delphi Technologies 4Q earnings hike 141%; full-year net income up 25%
Delphi Technologies, a manufacturer of propulsion systems for electric-vehicles and cars powered by internal combustion engines, reported a 141% hike…
Visteon fourth quarter net income up 72% despite lower revenue
Michigan-based automotive electronics supplier Visteon Corp. posted a 72% increase on net income of US$43 million during the fourth quarter…
Multi-sector manufacturer Flex to invest US$65 million in Aguascalientes
Flex, a multi-sector contractor and manufacturer, is expanding in Aguascalientes. The company is investing US$65 million to increase 35% its…
Dibal Mexico to bring developments for the food industry’s improvement
MONTERREY — During the next edition of Expo Carnes y Lácteos, which will be held between February 26 and 28…
Mexico heavy vehicle production hikes 15.6% in 2018; exports skyrocket 29.3%
Last December, global manufacturers of heavy vehicles with operations in Mexico built 14,327 new trucks, buses and tractor trucks. Such…
Movement of containers grows 10.6% in Mexican ports
MEXICO — During the first month of 2019, Mexican ports increased their container movement of 20 feet (TEU) by 10.6%,…
Asian airlines raise freighter flights in Mexico
MEXICO — During 2018, cargo traffic grew in International Regular Service reported by Asian airlines that have slots in Mexico….
Mexico and Belgium will reinforce agri-food cooperation
VERACRUZ — In a work meeting, Víctor Villalobos, head of Secretaría de Agricultura y Desarrollo Rural, and Kris Peeters, Belgian deputy…
Moldtrans Group will connect Valencia and Veracruz
VERACRUZ — Grupo Moldtrans launched a maritime transport service between Spain and Mexico in collaboration with the Mexican firm Gain Soluciones…
Toyota plant in Guanajuato shows 80% advance, officials play down tariffs risk
The assembly plant that Toyota builds in Apaseo el Grande, Guanajuato is 80% complete, so plans to start operations at…
Report: Spain-based Fagor Ederlan to build US$70-million plant in San Luis Potosí
Spain-based manufacturer Fagor Ederlan plans to build a new plant in San Luis Potosi, central Mexico, for which the company…
Lucid Motors to break ground for assembly plant in Arizona in second quarter
Electric-car startup Lucid Motors plans to break ground during second quarter of the year to build its assembly plant in…
