Italian-based Enel Green Power breaks ground for US$ 165 million solar plant in Tlaxcala
Italian renewable energy solutions developer Enel Green Power (EGP) broke ground earlier this week in Tlaxcala to build the Magdalena…
Here’s how sales of Mexico-made vehicles ended up in the US market in October
As everyone expected, demand for crossovers, SUVs and pickups remained strong in October. Such consumer behavior reflected in the Audi…
Mexico auto production drops 4.8% in October; exports up 0.8%, says preliminary data
Last October, global automakers established in Mexico manufactured 363,474 cars and light trucks, according to preliminary data published by the…
Mexico auto sales dropped in October less than previously reported, revised data shows
Revised figures indicate that the decline in auto sales in Mexico during last October was of 4.9%, a figure lower…
AMIA: 70% of Mexico-made vehicles already comply with USMCA content rules
While some automakers with operations in Mexico will have to work their way through in order to meet the criteria…
ArcelorMittal inks US$ 1 billion power supply deal with state-owned utility CFE
CFE Calificados, a subsidiary of state-owned utility company ComisiĂłn Federal de Electricidad (CFE), revealed that it has signed a US$…
ArcelorMittal inks US$ 1 billion power supply deal with state-owned utility CFE
CFE Calificados, a subsidiary of state-owned utility company ComisiĂłn Federal de Electricidad (CFE), revealed that it has signed a US$…
Auto sales in Mexico drop to 2014 levels in October
– Edit –Â As timely clarified in the last paragraph, the figures in this report have been updated and can be…
General Motors awards 127 suppliers in Mexico for Quality Excellence
For the sixth year, General Motors Mexico delivered the 2017 Supplier Quality Excellence Award to recognize members of its supply…
Continental acquires Cooper Standard’s anti-vibration systems business
5 November, 2018Continental’s shopping spree keeps on going. Last Friday the German manufacturer announced it has reached an agreement with Cooper Standard,…
Hyundai plans to expand manufacturing operations in Nuevo Leon, state official says
5 November, 2018Government officials from the state of Nuevo Leon revealed last week that Hyundai plans to expand its manufacturing operations through…
Canada auto sales dip in October for the seventh month in a row
5 November, 2018Canada’s auto sales dipped for the seventh straight month in October due in part to higher interest rates. According to…
Despite a marginal increase of 0.4%, US auto sales beat estimates in October
2 November, 2018U.S. auto dealers sold approximately 1.36 million vehicles in October, which represented a marginal increase of 0.4%, according to data…
Volvo Buses to increase coaches exports from Mexico to the US
2 November, 2018Volvo Buses plans to increase exports to the United States by 33% of the coaches it produces at its plant…
Rassini launches tender offer aiming to delist from Mexican stock market
2 November, 2018Mexican manufacturer of suspension and brake systems Rassini announced that a Special-Purpose Vehicle (SPV) created by a group of investors…
Continental to build US$ 60-million plant in Aguascalientes for electronic components
2 November, 2018German Tier 1 automotive supplier Continental AG yesterday unveiled plans to build a manufacturing plant in Aguascalientes, central Mexico, dedicated…
Smart exits Mexican market for a while to return as a full-electric brand
1 November, 2018Daimler’s micro urban cars subsidiary Smart, announced that it will cease operations in Mexico for a while to change its…
Mexico won’t sign USMCA unless US removes steel tariffs, says trade official
1 November, 2018Mexico won’t sign the new free trade agreement between the United States, Mexico and Canada (USMCA) unless the U.S. removes…
FCA earnings decline despite record profit margins in North America
1 November, 2018Fiat Chrysler Automobiles (FCA) posted third-quarter earnings of US$ 640 million (564 million euros), 41% down from nearly US$ 1.1…
Rever becomes the first Mexican startup to obtain investment from capital fund Sequoia Capital
1 November, 2018Rever, the online platform that allows manufacturing companies to involve employees in executing processes of continuous improvement and culture of…
