BORDERNOW #88
BMW’s new plant in San Luis Potosi will be a magnet for the supply chain
SAN LUIS POTOSI – After BMW announced its investment to produce electric cars and batteries, Marek Martin Meister, President of…
Baja California seeks to strengthen IT and Aerospace industries
MEXICALI, BC – The State Government’s talent development strategy, which will strengthen key industries that generate well-paying jobs, is moving…
Kia Mexico starts 2023 with good numbers
MEXICO – Kia Mexico starts the year with good results, placing 7,505 units in the country, which represents a 7.9%…
Retail sales of heavy vehicles would reach 42,504 units in 2023
MEXICO – The Mexican Association of Automotive Distributors (AMDA) estimates that retail sales of heavy vehicles this year will reach…
Santander Mexico and BYD join forces to promote electric car financing
MEXICO – Banco Santander Mexico and BYD, the leading Chinese manufacturer of electric vehicles, announced a strategic alliance for the…
Ireland is interested in investing in SLP
SAN LUIS POTOSI – The governor of the state, Ricardo Gallardo Cardona, met with the ambassador of Ireland in Mexico,…
Evercast prepares expansion in Irapuato
IRAPUATO, GTO – The Mexican-German Company Evercast, created as a Joint Venture between Tier 1 Draxton (from Grupo Industrial Saltillo)…
Jalisco exports grew by 17.4% to the third quarter 2022
JALISCO – Jalisco’s exports grew by 17.4% at the end of the third quarter of 2022, compared to the same…
Mexico is the leader in automotive armoring in Latin America
13 February, 2023MEXICO – Mexico has consolidated in more than 20 years of automotive armoring industry, the best technology and processes of…
Nearshoring boosts Queretaro International Airport
13 February, 2023QUERETATRO – Nearshoring has driven the growth of cargo operations at the Queretaro International Airport (AIQ) terminal. The disruption generated…
Michoacan and the United States seek to strengthen the avocado industry
13 February, 2023MICHOACAN – The government of Michoacán agreed with the American Union to carry out more coordination work to strengthen the…
Guanajuato, home to five Tesla supplier companies
13 February, 2023GUANAJUATO – Tesla is one of the leading brands in electrification. Currently it has been announced that it plans to…
Naturgy plans to invest US$16 million in Coahuila
13 February, 2023COAHUILA – Grupo Naturgy plans to invest US$16 million in the southeast region of Coahuila, as part of its national…
Nuevo Leon attracted US$4.3 billion in foreign investments in 2022
10 February, 2023NUEVO LEON – During 2022, Nuevo Leon registered US$4.3 billion in Foreign Direct Investment (FDI), which represents an increase of…
Sales of heavy vehicles grew by 26% in January
10 February, 2023MEXICO – Retail sales of heavy vehicles in Mexico increased in January 2023, where automotive companies achieved the highest sales…
Beer company interested in investing in SLP
10 February, 2023SAN LUIS POTOSI – Juan Carlos Valladares Eichelmann, head of the Secretariat of Economic Development (SEDECO), said that the agency…
Mexico expands its advantage as an automotive supplier to the U.S.
10 February, 2023MEXICO – Since 2012, the share of Mexico’s manufactured product has increased almost uninterruptedly and the outlook is favorable due…
Nearshoring boosts foreign direct investment attraction
9 February, 2023MEXICO – The Ministry of Economy announced that, during 2022, foreign direct investment was of US$35 billion, 12% more than…
Mexico’s gross fixed investment grew by 6.6% year-on-year in November
9 February, 2023MEXICO – Mexico’s gross fixed investment grew by 6.6% year-on-year last November, driven in particular by the machinery and equipment…
