California-based US Motor Works opens production facility in Nuevo Leon
US Motor Works LLC, a California-based manufacturer of components for stock and high-performance cooling and fuel systems, announced it has officially opened its newest production facility in Santa Catarina, Nuevo Leon. The new location, a recently constructed 55,000-square-foot facility, will prim...
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 in its fourth-quarter net income to US$135 million. Nearly half of the earnings came from a US$63 million tax gain in the quarter, compared to a US$2...
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 of 2018 despite a 9% decrease in revenue of US$731 million.  Net income increased due to a one-time charge of US$33 million for divestitures during last quart...
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 current production capacity at manufacturing site, said Governor Martin Orozco Sandoval in a press conference. The Governor explained he has been in contact w...
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 the end of the year are still in force, although the official date could be postponed to the first quarter of 2020. Tom Sullivan, president of Toyota in Mexico, announced that in t...

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