Airline companies lost US$575 million on the Mexican Stock Exchange
MEXICO – Due to the Federal Aviation Administration’s (FAA) downgrading Mexico’s air safety rating, Airline companies lost US$575 million in…
Guanajuato Puerto Interior has accumulated an investment of US$5 billion
SILAO – Guanajuato Puerto Interior, has accumulated an investment of US$5 billion and the attraction of foreign companies that currently…
U.S. Federal Aviation Administration downgrades Mexico’s aviation security
MEXICO – The Federal Aviation Administration (FAA) downgraded Mexico’s aviation safety from Category 1 to Level 2. According to an…
Mexico joins the top 10 for FDI attraction in 2020
MEXICO – Mexico joined the ranking of the 10 countries with the highest inflows of Foreign Direct Investment (FDI) in…
Audi Mexico recycles more than 30,000 tons of waste
PUEBLA – The Audi factory in Mexico will incorporate actions under its Mission:Zero strategy with the efficient use of resources,…
Mexico acquires 50% of Houston’s Deer Park
HOUSTON – President Andres Manuel Lopez Obrador announced that Pemex has closed the purchase of the Deer Park refinery in…
Mayco International invests US$18.6 million in San Luis Potosi
SAN LUIS POTOSI – Mayco International announced the expansion of its plant in the WTC Industrial Logistics Park, with an…
Favorable Dynamics are Driving a Healthy U.S. Aftermarket
GlobalAutoIndustry.com’s latest Audio Interview “Favorable Dynamics are Driving a Healthy U.S. Aftermarket” features Bill Hanvey. Mr. Hanvey is president and…
Next.e.GO Mobile to build electric car plant in Mexico
MEXICO – Next.e.GO Mobile, a German manufacturer of electric vehicles and sustainable mobility systems, announced that it will build an…
Mexico to build first battery plant for electric cars in 2021
21 May, 2021MEXICO – According to Tatiana Clouthier, minister of Economy, Mexico is about to start its first project to produce batteries…
Mexico’s Foreign Direct Investment reached record high in Q1
21 May, 2021MEXICO – The Ministry of Economy reported that Foreign Direct Investment (FDI) increased to US$11.8 billion during the first quarter…
UN to assist in the sale of the presidential plane
20 May, 2021MEXICO – The United Nations operational agency, which is called the United Nations Office for Project Services (UNOPS), plans to…
Half of Mexico’s air fleet operated by low-cost carriers
20 May, 2021MEXICO – The readjustment of the airline industry in Mexico due to the pandemic has led low-cost airlines to concentrate…
Aeromexico inaugurates route to Wuhan
20 May, 2021MEXICO – Grupo Aeromexico’s cargo division inaugurated a direct route between Mexico City International Airport and Wuhan-Tianhe International Airport in…
Oaxaca prepares space probe launch
20 May, 2021OAXACA – In Oaxaca, Mexico’s first special gravitational probe will be launched to perform atmospheric and meteorological explorations, as well…
SCT presents airline industry results in 2020
19 May, 2021MEXICO – The Ministry of Communications and Transportation (SCT) presented the Progress and Results Report of the Communications and Transportation…
Kavak invests US$12 million in Queretaro
19 May, 2021QUERETARO – Kavak, a company dedicated to the purchase and sale of pre-owned cars, will invest US$12 million in the…
Santa Lucia’s access will cost US$210 million
19 May, 2021MEXICO – The construction of the main highway access to the Felipe Ángeles International Airport (AIFA), in Tonatitla, will be…
Spin Technologies arrives in Mexico
19 May, 2021MEXICO – With an investment of 14% of its global budget, the international company Spin Technologies, a provider of software…
Air France increases frequencies to Mexico
18 May, 2021MEXICO – Due to the progressive recovery of travel expected during the summer and in order to increase capacity for…