Mexico auto production, exports rise in June
After a four month long decline, national car production recovered its growing pace adding a 4.1 percent increase in june, the country's auto industry group AMIA announced today. The total number of autos produced was 319,122 in June, up from 306,694 last year, AMIA said in a statement. Exports ros...
La Laguna Automotive Cluster under expansion
The development of a regional automotive cluster, from North Coahuila to Durango, will drive the development of local supply chain that has been under continuous growth, according to Jose Luis Hotema, President of the Laguna region cluster. Jose Rodriguez, elected Governor of Durango, established c...
Entrepreneurs from the plastics sector see business opportunity in Mexico
Plastic components for the automotive industry in Mexico, worth roughly US$2 million, are imported every day, since there are not enough domestic suppliers of these products. Eduardo de la Tijera, Co-Secretary for the Mexican Association of Plastics Industries (ANIPAC), underscores that a US$700 mil...
Mazda makes car number 400,000 in Guanajuato
After two and a half years of operation, the MMVO Mazda Mexico Vehicle Operation in Salamanca, Guanajuato, reported the production of vehicle number 400,000, which is a Mazda3, destined to the Colombian market. In Japan there is much talk about this plant and the work carried out here, especially a...
Self driving car maker raises US$ 200 million fund
Self-driving-car startup Zoox has raised a US$ 200 million funding provided by investors Lux Capital and Draper Fisher Jurvetson, according to reports confirmed by TechCrunch in recent days. The Palo Alto-based company founded by Tim Kentley-Klay and Jesse Levinson is now valued at US$ one billion....

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