Chinese automaker BAIC readies to reveal location of US$ 2 billion plant in Mexico
Officials of Chinese state-owned automaker Beijing Automotive Industry Holding Co., commonly known as BAIC, prepare the announcement of an investment of at least US$ 2 billion for the construction of an assembly plant in Mexico. It would be tentatively in May when the company announces where it will...
Auto exports to Latin America hike 38% during first quarter
In the first quarter of 2018, Mexico exported 75,259 light vehicles to Latin America, 38.4% more than in the same period last year, according to data from the Mexican Association of the Automotive Industry (AMIA). It is the largest increase and volume of exports to that region in the last six years....
Dräxlmaier to open US$ 13 million plant in Guanajuato
Germany-based auto parts manufacturer, Dräxlmaier, confirmed it's close to open a US$ 13.1 million plant in the municipality of Valle de Santiago, Guanajuato. Although no other details were officially disclosed, it has been reported by local authorities that the company will open 1,200 job positio...
Audi to introduce its first electric car in the Mexican market by 2019
In 2019, Audi will introduce a 100% electric car for the first time in the Mexican market, a model that will be presented at the Audi Summit in Brussels on August 30, reported Forbes Mexico. The decision is part of a strategy that aims to have 20 electric models available in the global market by 20...
Sanofi Pasteur plans to build a US$ 157 million vaccine plant in State of Mexico
Sanofi Pasteur, the largest company in the world devoted entirely to vaccines, announced plans to invest US$ 157.5 million to build a production facility in the municipality of Cuautitlan Izcalli, Mexico State. The plant will require a staff of 170 employees in order to start operations. Currently...

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