Mexico Aims to Reduce Smuggling and Increase Tax Collection
MEXICO – Tax collection for foreign trade operations at the Mexican customs during the first semester of the year had…
New agreement with US allows Mexico to meet water obligations
MEXICO – The federal government announced that it had reached an agreement with the United States to settle Mexico’s water…
Manufacturing sector in Nuevo León stands out despite the pandemic
MONTERREY – In September, manufacturing in Nuevo León was positioned as the main generator of employment. Through an analysis based…
Aeroméxico plans to fire up to 766 flight attendants
MEXICO – Aeroméxico expects to close the year with 766 fewer flight attendants in its workforce, this as part of…
Sonora, one of the states most affected by the COVID-19
HERMOSILLO – Sonora was one of the states with the greatest negative impact on its economy due to the premature…
Germany seeks to invest more FDI in Nuevo Leon
NUEVO LEON – With an accumulated investment of US$35 billion in Mexico, German companies are looking for more presence in…
Chihuahua’s new car sales continue to decline
JUAREZ – New car sales in the state of Chihuahua continue to decline due to the COVID-19 pandemic. The Mexican…
Christmas products manufacturing falls
JUAREZ – The economic uncertainty caused by the COVID-19 pandemic, which is being experienced worldwide, decreased the percentage of manufacturing…
Business leaders gather to promote Tijuana-San Diego border region
SAN DIEGO — The Borderless Business Congress is gathering, virtually, in order to encourage and emphasize investment opportunities in the…
Goya Foods to invest U$80 million in Texas expansion
20 October, 2020BROOKSHIRE – Goya Foods, the largest Hispanic-owned food company in the United States, will invest US$80 million in an expansion…
Texas unemployment rate rises to 8.3% in September
20 October, 2020TEXAS – The Texas unemployment rate rose to 8.3% in September, surpassing the national unemployment rate of 7.9% and returning…
Railroad blockades affect trade relationship with the U.S.
20 October, 2020CHIHUAHUA – The railroad blockades in Chihuahua and Michoacan are acts that affect the credibility and commercial relationship with North…
State commission approves power plant in El Paso
19 October, 2020EL PASO, TX – A project to build a new gas-fired power generation unit, which would be extracted using the…
Border closure extends until November
19 October, 2020MEXICO – The governments of Mexico and the United States will extend for another month the restrictions on non-essential land…
Medical device industry expects to generate 85,000 jobs
19 October, 2020BAJA CALIFORNIA – The maquiladora industry of medical devices in the state of Baja California could close the year with…
Heineken to invest US$180 million in Baja California
19 October, 2020TECATE – Heineken Mexico will invest US$180 million in its areas of operation, said Mario Escobedo Carignan, minister of Sustainable…
North American Automotive Industry Forecasts and Trends
19 October, 2020GlobalAutoIndustry.com’s latest Audio Interview “ North American Automotive Industry Forecasts and Trends” features Haig Stoddard. Mr. Stoddard is Senior Industry…
Ministry of Economy has met with 125 foreign companies
18 October, 2020MEXICO – To attract foreign direct investment (FDI) to the country, since August last year, the Ministry of Economy has…
Honda Mexico starts production of NAVi motorcycle
18 October, 2020JALISCO – Honda Mexico announced the start of operations of the NAVi motorcycle, which will be assembled at the Jalisco…
Dos Bocas refinery will be inaugurated on July 1, 2022: AMLO
18 October, 2020TABASCO – From Paraíso, Tabasco, President Andrés Manuel López Obrador announced that the Dos Bocas refinery (which registers a 24%…
