The auto parts industry expects US$ 2 billion worth of Chinese investments in 2019
The new rules of origin of the USMCA, coupled with the trade disputes in the United States, will cause 30 Chinese auto part plants to arrive to Mexico next year, that together will invest nearly US$ 2 billion, assured Óscar Albín Santos, President of the National Auto Parts Industry. According to...
Seoul-based Nexen to supply all-season tires for the Volkswagen Jetta
Nexen Tire, a tire manufacturer headquartered in Seoul, South Korea, announced that it has signed a deal to supply its N'Priz AH8 as original equipment (OE) tires for the Volkswagen Jetta built at the assembly plant in Puebla. Neither the financial nor volume terms of the deal were disclosed. The ...
Germany-based Elektro-Kontakt invests US$ 24 million to set up its fourth plant in Coahuila
Elektro-Kontakt, a manufacturer of electrical components for a wide range of industries, inaugurated in recent days its fourth production site in Mexico. The new facility is located in the border municipality of Piedras Negras, Coahuila, where the company invested US$ 24 million and opened 800 job ...
Japanese manufacturer to invest in Yucatan 30% more than originally planned
Yucatan state authorities and executives of Uchiyama Manufacturing Corporation, signed last week the letter of intent for the construction of a plant in the industrial corridor of Hunucmá in the city of Merida, state capital. The interesting thing here is that the investment in this facility will ...
Faurecia supplies resonance free pipe for GM pickup trucks from Guanajuato plant
French automotive supplier Faurecia announced it will equip two of GM’s foremost pickup trucks, the Chevrolet Silverado and the GMC Sierra, with its breakthrough innovation called Resonance Free Pipe (RFP). Among the primary benefits to the customer, the RFP reduces weight and packaging complexit...

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