Calsonic Kansei reaches tentative deal to acquire Magneti Marelli for US$ 6.3 billion
Fiat Chrysler Automobiles (FCA) has reached a tentative agreement with Calsonic Kansei to sell its subsidiary Magneti Marelli, to Calsonic…
New mid-size Ram pickup likely to be made in Saltillo due to lack of capacity in Ohio, says report
After Autonews broke a story about the production a mid-size Ram pickup truck that would take place at the Assembly…
Nissan adds standard Apple and Android compatible infotainment to the 2019 Versa Note
Nissan Motor Co. announced that the suggested price of the 2019 Nissan Versa Note hatchback for the U.S. market will…
Aeromexico served 8.7% of passengers in September
In September 2018, Grupo Aeromexico transported 1.7 million passengers, an increase of 8.7% over 1.5 million users served in the…
DĂa de los Muertos celebration will Leave US$21 Million
The 2018 Celebration of the Day of the Dead (el DĂa de los Muertos), which will take place on October…
Turkish Airlines seeks arrive in Mexico in 2019
Turkish Airlines seeks to arrive in 2019 in Mexico City, to make the connection between Istanbul and Mexico. While this…
Profeco reported that the price of egg, chicken, potato, apple and orange decreased
The price of the kg of egg, chicken, potato, apple and orange was reduced from US$5.3 to US$0.45, according to…
Mexican economy to grow 2.3% in 2019, Santander estimates
Santander Financial Group estimated that in 2019 the Mexican economy will grow 2.3% and while there are factors that affect…
Enel Green Power to build US$ 160-million solar park in Tlaxcala
Enel Green Power (EGP) plans to invest US$ 160 million to develop the Magdalena 2 project, a 231.8-MW solar park…
Mexico’s trade surplus with the US reaches record highs in August
10 October, 2018Last August, just at the height of the negotiations between Mexico and the United States for a new trade agreement,…
Mexico joins ISTMA
10 October, 2018Mexico was formally recognized as an ISTMA member in October 2018. The Asociacion Mexicana de Manufactura de Moldes y Troqueles…
Pemex announces major light oil discovery in shallow waters of the Gulf of Mexico
10 October, 2018Mexico’s state-owned oil and gas company PetrĂłleos Mexicanos (Pemex), announced that it had discovered about 180 million barrels of oil…
Safran official: Our plans in Queretaro are not for 5 or 10 years, but for 50 or more
10 October, 2018Although the opening of new plants is not in sight for the near future, French aerospace components manufacturer Safran is…
Mexico will become a leader in solar energy in the next five years, says Trina
9 October, 2018Over the next five years, Mexico will become the Latin American leader in the photovoltaic (solar) market, said Yang Rongfang,…
This is allegedly the first BMW 3 Series built in San Luis PotosiÂ
9 October, 2018Local media outlets in San Luis Potosi are publishing a photo of what is supposed to be the first BMW…
Redwings builds service hangar in Queretaro
9 October, 2018Redwings began its second phase of investment in Queretaro, with the placement of the first stone of the hangar that…
US confectionery Mars Inc. invests US$ 20 million to keep ahead of demand
9 October, 2018U.S.-based manufacturer of confectionery Mars Incorporated plans to invest around US$ 20 million in Mexico over the next three to…
Walmart begins construction of Yucatan’s new distribution center
9 October, 2018Walmart commenced the first construction stage of its new distribution center, whose investment will amount to US$50 million. As a…
Around US$4 million invested in the Mexican coffee industry
9 October, 2018According to official data, about 1.4 kilos of coffee are consumed, per person, in Mexico. Moreover, coffee is the second…
Light beer consumption hikes in Mexico
9 October, 2018In Mexico, at least one out of every five beers that are commercialized, is a light beer. This market has…