5 September, 2018

This is how auto sales ended up in the NAFTA region during August

U.S. auto sales slightly declined in August 0.2% to 1.48 million vehicles as the growing demand of pickups, crossovers and…

5 September, 2018

Audi Puebla facility becomes first premium auto plant to achieve zero wastewater

Audi’s assembly plant in Puebla, Mexico has become the world’s first premium manufacturing center to produce automobiles completely free of…

5 September, 2018

Auto sales in Mexico drop 5.3% during August

Last month, auto dealers in Mexico sold 118,715 vehicles, 5.3% less units than those marketed in August 2017, marking the…

5 September, 2018

US auto sales decline 0.2% in August signaling lower demand for second half of 2018

U.S. auto sales slightly declined in August 0.2% to 1.48 million vehicles as the growing demand of pickups, crossovers and…

4 September, 2018

Mexico receives a record US$ 2.86 billion in remittances during July

Mexico received US$ 2.86 billion in remittances in July, a figure that represents an increase of 10.3% compared to the…

4 September, 2018

Iberdrola invests US$290 million in Puebla wind farm to triple output capacity

Spain-based utility company Iberdrola announced that the second phase of the PIER wind farm, located in the state of Puebla,…

4 September, 2018

All-new KIA Forte scores 41 MPG in highway boosted by new ‘intelligent’ transmission

Korean automaker KIA announced that, due to an all-new available Intelligent Variable Transmission (IVT), its redesigned 2019 Forte sedan has…

4 September, 2018

Nissan recalls 166,000 cars in the US, Canada over faulty ignition switches

Nissan Motor Co. said that it will recall about 166,000 small cars, commercial vans, and mid-size pickup trucks to replace…

4 September, 2018

Yanfeng invests US$36 million in Queretaro to support Mercedes Benz A Class program

Chinese automotive supplier Yanfeng announced that, after a US$36 million investment, its Queretaro plant is ready to support Mercedes Benz’s…

Hybrid cars already account for more than 10% of Toyota sales in Mexico

4 September, 2018

Toyota will end 2018 with around 10,000 hybrid vehicles sold in Mexico, according to columnist Barbara Anderson of Milenio, who…

Former Lear CEO tops list of highest-paid execs in the auto industry

4 September, 2018

Matthew Simoncini, who retired after guiding the automotive seat supplier Lear Corp to record sales and earnings, was the highest-paid…

Nissan Versa Sedan, still the most affordable new car in the US market

3 September, 2018

Despite a small price increase for the 2019 year model, the Nissan Versa Sedan is still the most affordable new…

Mexico’s heavy truck production hikes 19% in June, 10.9% during first half of 2018

3 September, 2018

The National Association of Buses, Trucks and Tractor Trucks Producers (ANPACT) reported that last June the production of heavy vehicles…

ABC Group opens US$ 30 million plant in Coahuila; its fifth Mexican location

3 September, 2018

Canadian auto components manufacturer ABC Group last week inaugurated its fifth production facility in Mexico, located at the FINSA industrial…

MEXICONOW Issue 96

3 September, 2018

Sep – Oct 2018

Carga Aeroportuario de Valladolid receives US$3 million investment

31 August, 2018

The new Centro de Carga Aeroportuario de Valladolid, located in Kaua, Yucatan, received an investment of more than US$3 million….

Mexican chocolate industry generates US$1.3 billion per year

31 August, 2018

The chocolate industry in Mexico generates around US$1.3 billion annually, according the director of the National Association of Manufacturers of…

JetLease wants to rent Mexico’s government aircrafts

31 August, 2018

 JetLease Palm Beach, an American private aircraft leasing company, presented a proposal to President-Elect Andrés Manuel Lopez Obrador to rent…

Honda books US$ 450 million loss due to Celaya plant flooding

31 August, 2018

The flooding of a Honda assembly plant in Celaya, Guanajuato, occurred at the end of last June, will represent a…

Ford Focus, once slated to be made in Mexico, won’t make it to the US market

31 August, 2018

Ford Motor Co. will not sell its new China-built Focus crossover in the U.S. market due to tariffs imposed on…

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