More than 700 workers opt for voluntary leave at Volkswagen Puebla plant
Volkswagen de Mexico and its union announced that more than 700 people accepted one of the three voluntary leave options that the German automaker offered to the workers of its assembly plant in Puebla in order to readjust its workforce. The union leader Mariano Bueno Sánchez said in a statemen...
US auto sales drop 3.2% in March on higher interest rates and low incentives
Auto sales declined in the U.S. market during March primarily due to higher interest rates and relatively low incentives, according to industry analysts.  Figures from AutoNews Data Center show that global automakers sold 1,605,715 light vehicles last month, which represents a 3.1% drop. First qua...
Toyota unveils Mazda2-based Yaris hatchback for the US market
Toyota Motor Corporation confirmed that for the model year 2020, the Yaris Liftback that it marketed in the U.S. will be replaced by a new version manufactured in Mexico along with the Yaris sedan. The all-new 2020 Yaris hatchback, which will debut at the New York International Auto Show, will be o...
As Mexico builds more expensive cars, imports flood its local market
In the first two months of the year, 66% of new light vehicles sold in Mexico were imports, which is the higher percentage ever recorded, says a new report by El Financiero based in figures by the National Institute of Statistics and Geography (Inegi). This increase in imports, says the piece, is d...
Mexico is now fourth largest auto exporter in terms of value, says report
In 2018, Mexico hiked from sixth to fourth position in the rank of biggest car exporters worldwide in terms of value, says a report by El Economista citing figures from the World Trade Organization (WTO). According to the piece, the value of Mexico’s auto exports totaled US$49.4 billion last year...

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