Calsonic Kansei readies US$5.9 billion fund to bid for Magneti Marelli and its six plants in Mexico
Calsonic Kansei has gathered around US$5.9 billion in financing to fund its proposed acquisition of FCA’s unit Magneti Marelli, Reuters…
Calsonic Kansei readies US$ 5.9 billion fund to bid for Magneti Marelli and its six plants in Mexico
Calsonic Kansei has gathered around US$ 5.9 billion in financing to fund its proposed acquisition of FCA’s unit Magneti Marelli,…
Nissan unveils futuristic yet operational light truck concept based on the NP300 mid-size pickup
Nissan unveiled last week the Nissan Navara Dark Sky Concept at the 2018 Hannover Motor Show. Actually, more than a…
Korea-based Hanon Systems acquires Magna’s fluid controls business for US$1.23 billion
Korean automotive supplier Hanon Systems announced it has signed an agreement with Ontario-based Magna International Inc. to acquire its global…
Nissan recalls 240,000 cars and SUVs over risk of fire
Nissan Motor Company has issued a recall for nearly 240,000 cars and SUVs over an issue that could cause a…
Guanajuato state opens in Salamanca its third training center for the automotive industry
With an investment of more than US$6.5 million, state and municipal authorities inaugurated the Training Center for Advanced Automotive Technology…
Tenneco stockholders approve acquisition of Federal-Mogul, including 15 plants in Mexico
Illinois-based manufacturer Tenneco Inc. announced that at a special meeting held on September 12, stockholders approved all of the proposals…
Mazda Mexico introduces first generation of Japan-trained operators
Chiharu Mizutani, president and CEO of Mazda de Mexico Vehicle Operation (MMVO), introduced the first generation of 100 operators of…
Yanfeng Interiors to supply parts for new program at Ford plant in Cuautitlan
Yanfeng Automotive Interiors recently announced that it has already signed a contract to supply central consoles for a new vehicle…
Tesla Model 3 scores perfect 5-star safety rating from the NHTSA
24 September, 2018The National Highway Traffic Safety Administration (NHTSA) announced that the rear-wheel-drive version of the Tesla Model 3 has earned a…
Asian airlines report cargo traffic increase of 15% in Mexico
20 September, 2018Within the first seven months of 2018, the six Asian airlines that fly to and from Mexico reported a total…
Outgoing version of Golf GTI gets special treatment in the form of limited Rabbit Edition
20 September, 2018Just a few days after Volkswagen announced it will say goodbye to the Beetle production with a Final Edition, the…
FCA unveils limited-edition Mojave Sand package for the 2018 Ram Power Wagon
20 September, 2018As production of Ram Heavy Duty trucks nears to an end in Saltillo, Coahuila, in order to be allocated in…
CIE Automotive acquires Inteva’s sunroof business for US$ 755 million, including Mexican plants
20 September, 2018Auto parts supplier CIE Automotive announced earlier this week it has acquired the Roof Systems division of Michigan manufacturer Inteva…
With at least 29 suppliers from Mexico, Volvo starts car production in South Carolina
20 September, 2018Last Tuesday, Volvo Cars announced it has officially started production of the all-new S60 mid-size luxury sedan at its first…
Navistar posts strong third quarter results on record Class 8 truck orders
20 September, 2018Navistar International Corporation reported strong third quarter results driven by a market share increase of 2.7% in the Class 8…
NAFTA: Minimum regional content for heavy trucks hikes to 70%
20 September, 2018Mexico and the United States agreed that the heavy trucks that are produced and marketed in the NAFTA region must…
Nucor-JFE Steel joint venture starts recruiting for its US$ 270 million plant in Guanajuato
20 September, 2018The joint venture between U.S. steelmaker Nucor and its Japanese counterpart JFE Steel launched earlier this week the website for…
Grupo Modelo opens US$60-million malt production line in Zacatecas
19 September, 2018Grupo Modelo, the Mexican subsidiary of global brewer Anheuser-Busch InBev, announced the opening of an additional line for the production…
NAFTA e-commerce adjustments would affect textile, shoe and toy industries
19 September, 2018The increase of US$50 to 100 for the amount that can be imported into Mexico via e-commerce or parcel franchises…
