DeAcero will invest US$ 300 million to supply the automotive market
World class steel company DeAcero, will invest US$300 million over the next two years to introduce new products into the market and satisfying the growing demand for steel. Raul Gutierrez Muguerza, General Director of DeAcero, said that some lines of production will be expanded in order to add n...
Mexico's textile industry aims for automotive sector
Out of 160 companies from the textile industry working in Mexico, at least 29 have found a niche of market in the automotive sector in the last five years and the forecast is that another 20% of associates shall be able to venture as suppliers for the next year. The President of the Association o...
GM reaches deal with Canadian Union, will ship production from Mexico
Unifor and General Motors of Canada have reached a tentative contract settlement, averting a strike that was scheduled to begin on Monday night at 11:59 p.m. ET, Canadian media outlets reported. The four-year pact, which covers about 4,000 autoworkers in Ontario, includes wage increases, signing...
Japan auto suppliers to invest US$ 100 million in Mexico
Japanese autoparts and materials makers will invest more than US$ 100 million over the next couple of years to open new production facilities in Mexico and take advantage of its low costs and free trade agreements with countries including the U.S., according to the Nikkei Asian Review. Bearings ...
Mexico-made Honda HR-V enters 2017 with new color and green credentials
Manufactured at Honda's eighth and newest auto plant in North America, in Celaya, Mexico, the 2017 HR-V crossover arrived to North America’s dealerships with new color and green credentials, the company announced in a press release.Named 2016 Green SUV of the Year by Green Car Journal, the vehicle...

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