HORSEPOWER June 2021
Air cargo transportation grows by 9%
MEXICO – During April 2021, the 61 commercial airports registered by the Ministry of Communications and Transportation (SCT) had a…
Stellantis to stop production in Mexico
TOLUCA – According to Reuters, the Stellantis plant in Toluca will suspend operations from June 7 until further notice, due…
Sumitomo Drive Technologies to invest US$50 million in Nuevo Leon
MEXICO – Sumitomo Drive Technologies will begin construction of its fourth plant in Mexico and the second in Nuevo Leon,…
New Mobility Technologies and Intellectual Property: Cross-border Battles Will Likely Impact the Automotive Supply Base
GlobalAutoIndustry.com’s latest Audio Interview “New Mobility Technologies and Intellectual Property: Cross-border Battles Will Likely Impact the Automotive Supply Base” features Phillip Korovesis….
Mexico’s agricultural exports grew by 10.5% in April
MEXICO – The value of Mexican agricultural and fishing exports increased by 10.5% annually in April to US$1.6 billion, informed…
AFAC obtained a 40% budget increase
MEXICO – Due to Mexico’s downgrading in air safety, the Federal Civil Aviation Agency (AFAC) obtained a budget increase of…
German Embassy representatives visit the Audi Mexico plant
PUEBLA – The visit was attended by Ronald MĂĽnch, Head of the Department of Economic and Global Affairs of the…
Nissan Mexicana to stop operations in June
MÉXICO – Nissan Mexicana announced that two of its plants in the states of Aguascalientes and Morelos, will stop operations…
US$120 million to be invested in the Mazatlan Aerospace Park construction
27 May, 2021MAZATLAN – The construction of the Mazatlan Aerospace Park is progressing, the first stage will have an investment of approximately…
Volaris lost US$89 million on the Mexican Stock Exchange
27 May, 2021MEXICO – Volaris shares fell by 4.28% on the Mexican Stock Exchange (BMV), losing US$89 million in market capitalization value….
SCT requests report on air space redesign
27 May, 2021MEXICO – Deputies asked the Federal Civil Aviation Agency (AFAC), the Ministry of Communications and Transportation (SCT) and the Mexican…
International Civil Aviation Organization (ICAO) to conduct audit in December
27 May, 2021MEXICO – Next December, the International Civil Aviation Organization (ICAO) will conduct its Universal Security Review Audit (USOAP) in Mexico,…
KLM announces Amsterdam-Cancun route
27 May, 2021MEXICO – KLM Airlines announced that it will offer a new flight between Amsterdam and Cancun starting October of this…
AFAC commits to recover Category 1
26 May, 2021MEXICO – The Federal Civil Aviation Agency (AFAC) is committed to complying with the International Civil Aviation Organization (ICAO) rules…
FAA downgrading would impact Mexico’s tourism sector
26 May, 2021MEXICO – The decision by the U.S. Federal Aviation Administration (FAA) to downgrade Mexico’s air safety rating will have a…
Mexico’s economy grew by 0.8% in the 1st quarter of 2021
26 May, 2021MEXICO – Mexico’s economy registered a growth of 0.8% during the first three months of the year, with seasonally adjusted…
Airline companies lost US$575 million on the Mexican Stock Exchange
26 May, 2021MEXICO – 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
25 May, 2021SILAO – 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
25 May, 2021MEXICO – The Federal Aviation Administration (FAA) downgraded Mexico’s aviation safety from Category 1 to Level 2. According to an…
