AMIA: 70% of Mexico-made vehicles already comply with USMCA content rules
While some automakers with operations in Mexico will have to work their way through in order to meet the criteria emerged from the new trade deal between the United States, Mexico and Canada (USMCA), most of the vehicles that are shipped to the U.S. and further North already comply with such rules.¬...
General Motors awards 127 suppliers in Mexico for Quality Excellence
For the sixth year, General Motors Mexico delivered the 2017 Supplier Quality Excellence Award to recognize members of its supply chain for meeting rigorous production performance standards. The president of GM Mexico, Ernesto Hernandez, said that this year 127 companies obtained the badge, 20% mor...
Continental acquires Cooper Standard’s anti-vibration systems business
Continental’s shopping spree keeps on going. Last Friday the German manufacturer announced it has reached an agreement with Cooper Standard, based in Novi, Michigan, on the purchase of its anti-vibration systems business for US$ 265 million. With this acquisition, Continental is expanding its glob...
Rassini launches tender offer aiming to delist from Mexican stock market
Mexican manufacturer of suspension and brake systems Rassini announced that a Special-Purpose Vehicle (SPV) created by a group of investors headed by the company’s CEO Eugenio Madero has launched a tender offer through December 3 to buy all its shares ahead of a possible delisting from the Mexican...
Johnson Controls nears deal to sell its battery division, which operates seven facilities in Mexico
- Update: Johnson Controls closes sale of its Power Solutions business; including seven facilities in Mexico - Johnson Controls International is close a deal to sell its car batteries business to Brookfield Asset Management Inc for between US$ 13 billion and US$ 14 billion, Reuters reported citing...

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