1 November, 2018

Mexico won’t sign USMCA unless US removes steel tariffs, says trade official

Mexico won’t sign the new free trade agreement between the United States, Mexico and Canada (USMCA) unless the U.S. removes…

1 November, 2018

FCA earnings decline despite record profit margins in North America

Fiat Chrysler Automobiles (FCA) posted third-quarter earnings of US$ 640 million (564 million euros), 41% down from nearly US$ 1.1…

1 November, 2018

Rever becomes the first Mexican startup to obtain investment from capital fund Sequoia Capital

Rever, the online platform that allows manufacturing companies to involve employees in executing processes of continuous improvement and culture of…

31 October, 2018

Agroindustries of Aguascalientes and Uruguay join forces

Aguascalientes and Uruguay share experiences in the dairy sector. After a meeting with Governor MartĂ­n Orozco Sandoval, Uruguay’s ambassador in…

31 October, 2018

Cargo handling by Mexican airlines grow at double-digit rate

Mexican airlines reported double-digit growth in air cargo handling during the January-August 2018 period, according to official data. In the…

31 October, 2018

GE plans to invest in the electrical and aeronautical industries

General Electric (GE) will leave the business of oil, medical equipment and machinery for locomotives, to focus on the aviation…

31 October, 2018

Johnson Controls nears deal to sell its battery division, which operates seven facilities in Mexico

– Update: Johnson Controls closes sale of its Power Solutions business; including seven facilities in Mexico – Johnson Controls International is…

31 October, 2018

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%…

31 October, 2018

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

31 October, 2018

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

31 October, 2018

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

30 October, 2018

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

30 October, 2018

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

30 October, 2018

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

29 October, 2018

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

29 October, 2018

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, 2018

Lear 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, 2018

Honda 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, 2018

Ford 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, 2018

Visteon Corporation saw its net income drop 51% to US$ 21 million in the third quarter as vehicle production volumes…

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