Spain-based Repsol acquires 40% stake in Mexican company Bardahl to create joint venture
Repsol, a global oil company based in Madrid, announced it has reached an agreement to acquire 40% of the Mexican…
Walmart wants to encourage online food sales in Mexico
Ignacio Caride, new head of e-commerce department of Walmart Mexico, seeks to boost the sale of food sales…
Continental Gets Q1 Certification
Ford Motor Company awarded Continental Juarez 1 plant, in Ciudad Juarez, the Q1 certification. This is the 11th distinction this…
U.S-Mexico Border Region Is Moving Bi-national Energy Agenda Forward
By Nancy J. Gonzalez Even though U.S.-Mexico relations are strained at the national level—with the Trump Administration trying to build…
Aerospace electronics manufacturer Esterline to expand operations in Tijuana
U.S.-based aerospace components manufacturer Esterline announced an investment of US$ 15 million for the expansion of one of the four…
Japanese firm acquires Sage Automotive Interiors for US$ 1.06 billion, including a Mexican plant
Clearlake Capital Group, L.P., a California-based private investment firm, in recent days announced a definitive agreement to sell its global…
Lucid Motors aims to start production of electric vehicles in Arizona by 2020
Lucid Motors recently announced that production of vehicles in Casa Grande, Arizona will begin in 2020. The two-year time frame…
Japanese gasket and seal manufacturer to build US$ 50 million plant in Yucatan
Uchiyama Group, a Japan-based manufacturer of gasket and seal products for the auto industry, announced in recent days that it…
Daimler Mexican official confirms production of electric truck by 2021
Flavio Rivera, president and director of Daimler Commercial Vehicles Mexico, confirmed to the Alto Nivel site that the company is…
Steelmaker Nucor posts best second quarter ever; US$ 270 million Mexican plant still in the works
23 July, 2018Nucor Corporation announced second quarter of 2018 consolidated net earnings of US$ 683.2 million, or US$ 2.13 per diluted share,…
BMW taps Maru Escobedo, a 19-year experience exec, for CEO job in Mexico
23 July, 2018BMW Group Latin America announced that Maru Escobedo has been named new CEO of BMW Group Mexico as of last…
Lopez Obrador’s chief negotiator to join upcoming NAFTA talks
23 July, 2018Marcelo Ebrard, nominated to head the Secretariat of Foreign Affairs (SRE) by the next Mexican president, informed that Jesus Seade,…
Swedish safety systems manufacturer readies US$120 million expansion in Tijuana
23 July, 2018Baja California state authorities announced that a Swedish company, “a world leader in automotive safety components and systems,” will invest…
Manufacturers oppose automotive tariffs at Washington hearings
23 July, 2018Representatives from the world’s biggest automakers and its suppliers gathered in Washington last Thursday to deliver their remarks at a…
Audi plant in Puebla starts three-day halt for retooling, head of the union says
19 July, 2018The production at Audi Mexico will stop for three days, starting today and until Saturday, due to a retooling process…
GM discontinues sales of Mexico-made Chevrolet City van
19 July, 2018General Motors announced it has discontinued the Chevrolet City Express, a small delivery van sourced by Nissan Motor Co. since…
VW Chattanooga plant readying to build a new SUV, redesigned Passat
18 July, 2018Volkswagen Chattanooga assembly plant is getting ready to begin “in eight months or so” production of a new five-seat SUV…
Real estate developers join forces to build a ‘KIA motor city’ in Nuevo Leon
18 July, 2018Four real estate developers unveiled in recent days a project to build the “Ciudad Modelo KIA” (KIA Model City) in…
Korean rubber products manufacturer Hwaseung expands production capacity in Coahuila
18 July, 2018Hwaseung R&A Co. Ltd., a South Korean manufacturer of rubber products, recently revealed it has doubled its revenue from the…
Amidst uncertainty of NAFTA, foreign investment keeps flowing into Mexico’s auto industry
18 July, 2018Amidst the uncertainty due to the renegotiation of the North American Free Trade Agreement (NAFTA) and the imposition of tariffs…
