Pemex and Talos Energy sign plan to share oil fields
PetrĂłleros Mexicanos (Pemex) and the operator Talos Energy signed a unification agreement between the oil fields Amoca-Yaxche-03 and block 7….
Investment in the oil industry to grow 27%, says Citibanamex
The oil opening in the form of equity instead of debt will be equivalent to a 27% increase in the…
Sales of electrified vehicles doubled in Mexico during June
Last June, auto dealers in Mexico sold 1,591 new electrified vehicles, twice as much as the 791 units sold during…
Packaging solutions provider Transparent Container to open a new plant in Tijuana
Following the steps of long-time customers that began operations in Mexico, Transparent Container Co., Inc., an Illinois-based supplier of packaging…
Italian group Enel Green Power starts construction of US$ 115 million wind farm in Coahuila
The Italian developer of power infrastructure Enel Group announced that its renewable subsidiary Enel Green Power Mexico (EGPM) has begun…
New rules of origin will speed up automation, analysts say
Changes to rules of origin in North America will require for automotive suppliers to automate certain processes and adjust their…
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
24 September, 2018Korean 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
24 September, 2018Nissan 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
24 September, 2018With an investment of more than US$6.5 million, state and municipal authorities inaugurated the Training Center for Advanced Automotive Technology…
Tenneco stockholders approve acquisition of Federal-Mogul, including 15 plants in Mexico
24 September, 2018Illinois-based manufacturer Tenneco Inc. announced that at a special meeting held on September 12, stockholders approved all of the proposals…
Mazda Mexico introduces first generation of Japan-trained operators
24 September, 2018Chiharu Mizutani, president and CEO of Mazda de Mexico Vehicle Operation (MMVO), introduced the first generation of 100 operators of…
Yanfeng Interiors to supply parts for new program at Ford plant in Cuautitlan
24 September, 2018Yanfeng Automotive Interiors recently announced that it has already signed a contract to supply central consoles for a new vehicle…
Tesla Model 3 scores perfect 5-star safety rating from the NHTSA
24 September, 2018The National Highway Traffic Safety Administration (NHTSA) announced that the rear-wheel-drive version of the Tesla Model 3 has earned a…
Asian airlines report cargo traffic increase of 15% in Mexico
20 September, 2018Within the first seven months of 2018, the six Asian airlines that fly to and from Mexico reported a total…
Outgoing version of Golf GTI gets special treatment in the form of limited Rabbit Edition
20 September, 2018Just a few days after Volkswagen announced it will say goodbye to the Beetle production with a Final Edition, the…
FCA unveils limited-edition Mojave Sand package for the 2018 Ram Power Wagon
20 September, 2018As production of Ram Heavy Duty trucks nears to an end in Saltillo, Coahuila, in order to be allocated in…
CIE Automotive acquires Inteva’s sunroof business for US$ 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…
