Confidence in the transport and logistics sector shows recovery
MEXICO — In the edition corresponding to the 4th quarter of 2018 (4Q18), the Confidence Index in the Transport and Logistics…
Canadian manufacturer Magna sees earnings decline in fourth quarter due to tariffs
Canada-based automotive supplier Magna International Inc said its profits declined in the fourth quarter despite record sales due in part…
Second runway in Toluca’s airport as a federal government’s plan
TOLUCA — Alexandro ArgudĂn Le Roy, director of the Toluca International Airport (AIT) confirmed that the federal government plans the construction…
Delphi Technologies 4Q earnings hike 141%; full-year net income up 25%
Delphi Technologies, a manufacturer of propulsion systems for electric-vehicles and cars powered by internal combustion engines, reported a 141% hike…
Visteon fourth quarter net income up 72% despite lower revenue
Michigan-based automotive electronics supplier Visteon Corp. posted a 72% increase on net income of US$43 million during the fourth quarter…
Multi-sector manufacturer Flex to invest US$65 million in Aguascalientes
Flex, a multi-sector contractor and manufacturer, is expanding in Aguascalientes. The company is investing US$65 million to increase 35% its…
Dibal Mexico to bring developments for the food industry’s improvement
MONTERREY — During the next edition of Expo Carnes y Lácteos, which will be held between February 26 and 28…
Mexico heavy vehicle production hikes 15.6% in 2018; exports skyrocket 29.3%
Last December, global manufacturers of heavy vehicles with operations in Mexico built 14,327 new trucks, buses and tractor trucks. Such…
Movement of containers grows 10.6% in Mexican ports
MEXICO — During the first month of 2019, Mexican ports increased their container movement of 20 feet (TEU) by 10.6%,…
Asian airlines raise freighter flights in Mexico
22 February, 2019MEXICO — During 2018, cargo traffic grew in International Regular Service reported by Asian airlines that have slots in Mexico….
Mexico and Belgium will reinforce agri-food cooperation
21 February, 2019VERACRUZ — In a work meeting, VĂctor Villalobos, head of SecretarĂa de Agricultura y Desarrollo Rural, and Kris Peeters, Belgian deputy…
Moldtrans Group will connect Valencia and Veracruz
21 February, 2019VERACRUZ — Grupo Moldtrans launched a maritime transport service between Spain and Mexico in collaboration with the Mexican firm Gain Soluciones…
Toyota plant in Guanajuato shows 80% advance, officials play down tariffs risk
21 February, 2019The assembly plant that Toyota builds in Apaseo el Grande, Guanajuato is 80% complete, so plans to start operations at…
Report: Spain-based Fagor Ederlan to build US$70-million plant in San Luis PotosĂ
21 February, 2019Spain-based manufacturer Fagor Ederlan plans to build a new plant in San Luis Potosi, central Mexico, for which the company…
Lucid Motors to break ground for assembly plant in Arizona in second quarter
21 February, 2019Electric-car startup Lucid Motors plans to break ground during second quarter of the year to build its assembly plant in…
Blueprints for Santa LucĂa’s runways take off
21 February, 2019MEXICO CITY – The undersecretary of Comunicaciones y Transportes, Carlos Morán Moguel, informed that the “design engineering of the terminal…
Ram heavy duty trucks pricing to range from US$35,000 to more than US$80,000
21 February, 2019Fiat Chrysler Automobiles announced its new 2019 Ram 2500 Heavy Duty pickup truck, which debuted earlier this year at the…
GM, Navistar to develop a V8 gasoline engine with over 8.0-liter displacement
21 February, 2019According to a report by GM Authority, General Motors is quietly working in the development of a new V8 gasoline…
Jetta GLI might offer better deal than the Golf GTI, says VW product developer
21 February, 2019While no pricing has been announced, Volkswagen Product Developer Adam Reinhardt revealed to Motor Trend that, despite being on the…
Inflation fell to 4.07% year-on-year
20 February, 2019MEXICO — Mexico’s year-on-year inflation would have slowed until the first half of February due to a drop in LP…
