27 August, 2018

Carbures wins millionaire contract in Mexico

Carbures has signed an engineering contract with the Servicios MĂșltiples de Burgos consortium for the modernization and improvement of the…

27 August, 2018

Avocado production grows in China thanks to Mexico

From January to June 2018, 9,368 tons of 100% Mexican avocado have been sold in China, 7.1% higher than that…

27 August, 2018

Mexico produces twice as many fruits and vegetables

Fruit and vegetable production in Mexico has doubled since the North American Free Trade Agreement (NAFTA) came into force in…

27 August, 2018

Six-monthly FDI increases in Mexico

The total amount of FDI for the second quarter of 2018 was US$6,726.9 million and is 19.7% higher than the…

27 August, 2018

Mexico’s beer industry grows 13% in the first half of the year

Beer production in Mexico grew to 59 million hectoliters during the first six months of the year, 13% more than…

27 August, 2018

Mexico, US reach preliminary trade deal clearing path for Canada to rejoin NAFTA talks

Mexico and the United States have a preliminary agreement on key trade issues in order to complete the renegotiation of…

27 August, 2018

US National Safety Council awards every FCA facility in Mexico for the fourth year in a row

For the fourth year in a row, every facility of Fiat Chrysler Automobiles (FCA) in Mexico was awarded by the…

27 August, 2018

Ford recalls 50,000 electrified vehicles over charging cables prone to catch fire

Ford is issuing a recall for approximately 50,000 120-volt convenience charge cords originally provided with select 2012-15 Ford Focus Electric,…

27 August, 2018

Ford’s Mexico-made electric vehicle will be a ‘Mustang-inspired’ crossover

Ford executives revealed to AutoNews more details about the electric vehicle under development to produce at the assembly plant of Cuautitlan,…

Bosch breaks ground to build US$120 million plant in Guanajuato

27 August, 2018

Last Friday, German manufacturer and services supplier Robert Bosch GmbH officially broke ground at the Amistad industrial park in the…

Report: Mexico-made cars unable to comply with new rules of origin would pay 2.5% tariff

27 August, 2018

Mexican negotiators have agreed that vehicles assembled at existing plants that do not meet new rule-of-origin percentages and wage requirements…

US, Mexico ‘hours away’ of new deal on automotive trade

27 August, 2018

U.S. and Mexican officials are “hours away” of reaching a bilateral agreement on pending issues concerning the renegotiation of NAFTA,…

US softens demand for a NAFTA ‘sunset clause’, says Mexican official

27 August, 2018

The Trump administration has softened its position on a “sunset clause” that would force a renegotiation of the North America…

Aluminum products manufacturer shifts production from Kentucky to Juarez, Mexico

24 August, 2018

Werner Co., a manufacturer of ladders, tool boxes and other aluminum products, will shutter its plant in Jeffersontown, Kentucky by…

Macquarie fund acquires 90% stake in 322 MW solar power portfolio in Northern Mexico

24 August, 2018

Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, announced that one of the funds it manages has…

CEPAL reduces its economic growth forecast for Mexico to 2.2%

24 August, 2018

The Comision Economica para America Latina y el Caribe (CEPAL) adjusted its forecast of economic growth for Mexico in 2018…

Joseph Saoud to oversee Bridgestone Latin America Tire Operations

24 August, 2018

Bridgestone Americas, Inc. recently announced that Joseph Saoud, former president of Truck, Bus and Renewed Radial Tires of Bridgestone in…

Volaris estimates continuous growth for 2018

24 August, 2018

During the first half of 2018, Volaris accumulated a cargo traffic of 9,608 tons, which meant a 35% increase compared…

AT&T provides connectivity for the all-new KIA Forte in Mexico

24 August, 2018

AT&T announced that it will venture into the connected car industry in Mexico in partnership with Kia Motors. Through the…

Automotive mergers and acquisitions up 29%, on pace for a record year

24 August, 2018

Deal value of mergers and acquisitions in the automotive industry around the world increased 29% to US$40 billion during the…

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