Mexican GDP grows 2.7% in the third quarter, its best rate in more than one year
Tertiary activities propelled the Mexican economy during the third quarter of this year. The Gross Domestic Product (GDP) grew 2.7%…
Ford posts solid Q3 profits as light truck sales offset decline in car deliveries
Ford also reported quarterly earnings and revenue that beat analysts’ expectations. Strong sales of trucks in North America helped offset…
Strong demand of new pickups lineup boosts GM profits higher than expected
General Motors Co. today posted a third-quarter net income of US$ 2.5 billion boosted by stronger-than-expected results in China and…
Continental acquires antennas manufacturer Kathrein Automotive, including a plant in Tlaxcala
German manufacturer Continental announced it has reached an agreement to acquire Kathrein Automotive GmbH, a subsidiary of Kathrein SE and…
Kia unveils the 2020 Forte GT packed with turbocharged engine, sportier suspension
Today Kia Motors America (KMA) unveiled the 2020 Forte GT at the SEMA Show 2019 in Las Vegas, marking the…
Allgaier Group invests US$ 20 million in Aguascalientes to open its second plant in Mexico
Allgaier Group, a Germany-based manufacturer of automotive body parts structural components, recently inaugurated its second production facility in Mexico, this…
Bridgestone unveils US$ 100 million investment plan in Mexico for the next two years
Faced with an expectation of growth in vehicle production in Mexico and despite the decrease in auto sales in the…
Nuevo Puerto de Veracruz to take foreign trade to the next level
The project that could possibly become one of the most important ports, nationwide, is to commence operations in November of…
As demand for pickups soars, FCA reconsiders its plans for the Saltillo assembly facility
Fiat Chrysler Automobiles (FCA) is doing so well in the pickup segment with its revamped version of the Ram light…
Lear Corp. net income down 15% due in part to lower sales in China and Europe
29 October, 2018Lear Corporation, one of the largest suppliers of automotive seating in the world, reported third-quarter net income of US$ 253…
Honda considers shifting production of subcompact Fit from Celaya to Japan
29 October, 2018Honda Motor could shift production work of its Fit model from Mexico to Japan in the near future, according to…
Ford recalls nearly 1.5 million Focus in North America for engine stall issue
29 October, 2018Ford Motor Company issued a recall for nearly 1.5 million select 2012-18 Ford Focus vehicles in North America equipped with…
Visteon’s net income drops 51% as production of some of its main customers slow down
29 October, 2018Visteon Corporation saw its net income drop 51% to US$ 21 million in the third quarter as vehicle production volumes…
Ford, Volkswagen in talks to share platforms, powertrains, even self-driving tech
29 October, 2018Earlier this month Ford and Volkswagen made headlines in auto industry news outlets after reports surfaced about the two companies…
Rassini’s earnings hike 10.3% due to increasing heavy trucks production in Brazil
26 October, 2018Mexican auto parts manufacturer Rassini posted earnings (EBITDA) of MXN 749 million (around US$ 40 million) in the third quarter…
Cementos de Chihuahua profits increase 39% on steady growth in both Mexico, US
26 October, 2018Grupo Cementos de Chihuahua (GCC), a producer of cement and ready-mix concrete with operations in the United States and Mexico,…
Cardival Medical plant in Guaymas, Sonora, recognized for Operational Excellence
26 October, 2018Cardiva Medical, Inc., a California-based developer and manufacturer of vascular closure technologies, announced that its production facility in Guaymas, Sonora…
Honda Celaya assembly plant aims to resume operations next week
25 October, 2018Staff at the Honda assembly plant in Celaya, Guanajuato is working full steam in order to tentatively resume operations next…
FCA Toluca plant builds its 400,000th Jeep Compass
25 October, 2018After 19 months into production, the Toluca Assembly Plant of Fiat Chrysler Automobiles manufactured the 400,000 Jeep Compass, the Italian-American…
Mercedes-Benz names Mexican exec Jaime Cohen CEO for Mexico
25 October, 2018Starting January 1, 2019, Jaime Cohen will replace Radek Jelinek as CEO of Mercedes-Benz in Mexico. The announcement comes after it…
