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
Last August, just at the height of the negotiations between Mexico and the United States for a new trade agreement,…
Mexico joins ISTMA
Mexico 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
Mexico’s state-owned oil and gas company Petróleos 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
Although 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
Over 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 Potosi
Local 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
Redwings 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
U.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…
HORSEPOWER October 2018
9 October, 2018
Mexico’s auto production increases 0.9% from January through September; exports up 7.5%
9 October, 2018Last month, global automakers built 320,071 cars and light trucks at their production facilities in Mexico, according to data from…
Faurecia teams up with business accelerator to sponsor tech startups
8 October, 2018Tier 1 automotive supplier Faurecia has teamed up with business accelerator Emprenderock and the Businesses Coordinator Council (CCE for its…
Automakers consider shifting more production work to North America following USMCA outcome
8 October, 2018Several foreign automakers are considering moving more manufacturing operations from their plants located in other regions of the world to…
Maquiladoras in Cd. Juárez embrace automation technology
8 October, 2018Important companies in Cd. Juárez have adapted strategies to automate production lines. Currently, the maquiladora industry is a leader and…
Auto sector commits investments for US$5 billion from 2017 to 2020, says Bancomext
8 October, 2018Independently of the recent renegotiations of the North American Free Trade Agreement (NAFTA), now known as the United States-Mexico-Canada Agreement,…
Sales of electrified cars increase 84% in Mexico, but full-electric models are ‘missing the party’
8 October, 2018In July, auto dealers in Mexico sold 1,244 electrified new vehicles, which represents an increase of 84.8% compared to same…
Here’s how sales of Mexico-made vehicles ended up in the US market in September
8 October, 2018Although September was a difficult month for the automotive industry, in general, there were good results for some of the…
