Car mats manufacturer Visscher Caravelle opens US$19-million plant in Queretaro
Visscher Caravelle B.V., a Netherlands-based manufacturer of car mats, in recent days officially opened its first manufacturing plant in Mexico…
Three new automotive manufacturing projects are emerging in Queretaro
Authorities from the state of Queretaro carried out a work tour through Canada in which they managed to pact investments…
US auto sales drop 3.2% in March on higher interest rates and low incentives
Auto sales declined in the U.S. market during March primarily due to higher interest rates and relatively low incentives, according…
Jalisco is leading the way in food industrialization
JALISCO – The state of Jalisco is ranking first place in the food industry, while the productive sector struggles to remain the…
Partial border closings put pressure on US-Mexico trade
As President Donald Trump has renewed his threats to shut down the southern U.S. border, the business community is worried…
Exports to the US increase
MEXICO — In 2018 the shipment of merchandise to the United States by tractor truck grew more than 10% compared…
Toyota unveils Mazda2-based Yaris hatchback for the US market
Toyota Motor Corporation confirmed that for the model year 2020, the Yaris Liftback that it marketed in the U.S. will…
Jet fuel starts 2019 with an upward trend in Mexico
MEXICO — During the first two months of 2019, the average cost of jet fuel or “turbosina” went upwards compared…
HORSEPOWER March 2019
Chihuahua and Baja California lead exports in Mexico
1 April, 2019MEXICO – Chihuahua and Baja California led exports of products from Mexico in the fourth quarter of 2018, reported Instituto…
Free trade with Brazil will benefit five carmakers in particular, say experts
1 April, 2019The opening of the automotive trade between Mexico and Brazil will benefit mainly General Motors, Volkswagen, Nissan, Fiat Chrysler Automobiles…
Bosch plant in Queretaro to add a new production line by the end of year
1 April, 2019The Bosch plant in Queretaro, where the company manufactures steering columns for Volkswagen and Audi, will end the year with…
Cummins lures suppliers to shift production work from Brazil, India and China to Mexico
1 April, 2019Indiana-based diesel engines manufacturer Cummins is on talks with suppliers from Brazil, India and China aimed to bring more manufacturing…
As Mexico builds more expensive cars, imports flood its local market
1 April, 2019In the first two months of the year, 66% of new light vehicles sold in Mexico were imports, which is…
Mexico is now fourth largest auto exporter in terms of value, says report
1 April, 2019In 2018, Mexico hiked from sixth to fourth position in the rank of biggest car exporters worldwide in terms of…
ENGIE wind farm in Tamaulipas to feature first 150-meter Vestas rotors in Mexico
29 March, 2019Danish wind turbines manufacturer Vestas announced it has received a 96 MW order from French utility company ENGIE for the…
Canadian aerospace manufacturer Delastek invests US$10 million to expand ops in Queretaro
29 March, 2019Delastek, a composite and interior parts manufacturer for the aerospace industry, plans to invest US$10 million as part of its…
Top firms join efforts to set up Manufacturing Advanced Technology Center in Mexico
29 March, 2019Rockwell Automation, Panduit and Cisco, with special collaboration of Tecnológico de Monterrey, EY and Unified announced the opening of their…
Injection molding machinery maker Engel opens new service facility in Monterrey
29 March, 2019Austrian injection molding machinery maker Engel recently opened its second facility in Mexico, located in the Metro area of Monterrey,…
French developer Neoen secures US$280-million financing to build solar plant in Aguascalientes
28 March, 2019French renewable energy developer Neoen announced it has secured financing of US$280 million, excluding financing costs, to build a 375MW…
