Hybrid cars already account for more than 10% of Toyota sales in Mexico
Toyota will end 2018 with around 10,000 hybrid vehicles sold in Mexico, according to columnist Barbara Anderson of Milenio, who…
Former Lear CEO tops list of highest-paid execs in the auto industry
Matthew Simoncini, who retired after guiding the automotive seat supplier Lear Corp to record sales and earnings, was the highest-paid…
Nissan Versa Sedan, still the most affordable new car in the US market
Despite a small price increase for the 2019 year model, the Nissan Versa Sedan is still the most affordable new…
Mexico’s heavy truck production hikes 19% in June, 10.9% during first half of 2018
The National Association of Buses, Trucks and Tractor Trucks Producers (ANPACT) reported that last June the production of heavy vehicles…
ABC Group opens US$ 30 million plant in Coahuila; its fifth Mexican location
Canadian auto components manufacturer ABC Group last week inaugurated its fifth production facility in Mexico, located at the FINSA industrial…
MEXICONOW Issue 96
Sep – Oct 2018
Carga Aeroportuario de Valladolid receives US$3 million investment
The new Centro de Carga Aeroportuario de Valladolid, located in Kaua, Yucatan, received an investment of more than US$3 million….
Mexican chocolate industry generates US$1.3 billion per year
The chocolate industry in Mexico generates around US$1.3 billion annually, according the director of the National Association of Manufacturers of…
JetLease wants to rent Mexico’s government aircrafts
 JetLease Palm Beach, an American private aircraft leasing company, presented a proposal to President-Elect AndrĂ©s Manuel Lopez Obrador to rent…
Honda books US$ 450 million loss due to Celaya plant flooding
31 August, 2018The flooding of a Honda assembly plant in Celaya, Guanajuato, occurred at the end of last June, will represent a…
Ford Focus, once slated to be made in Mexico, won’t make it to the US market
31 August, 2018Ford Motor Co. will not sell its new China-built Focus crossover in the U.S. market due to tariffs imposed on…
China and Tamaulipas analyze investment opportunities
30 August, 2018Tamaulipas governor, Francisco Garcia Cabeza de Vaca, accompanied the ambassador of the Republic of China in Mexico, Qiu Xiaoqi, during…
PRB and KFC franchises to invest US$24 million in Mexico
30 August, 2018Throughout 2018, Kentucky Fried Chicken (KFC), Premium Restaurant Brands (PRB), and its franchisees have invested US$24 million to open up a total…
KIA Motors builds its 500,000th vehicle in Pesqueria, Nuevo Leon
30 August, 2018It took two years and three months of manufacturing operations in Mexico for KIA to achieve production of half a…
Volkswagen plant in Puebla idles due to lack of supplies from Brazil
30 August, 2018The Volkswagen assembly plant in Puebla idled again this week due to the lack of supply of some components coming…
KIA Motors builds its 500,000th vehicle in Pesqueria, Nuevo Leon
30 August, 2018It took two years and three months of manufacturing operations in Mexico for KIA to achieve production of half a…
Exports cap for Mexico-made cars, well above current capacity, says Guajardo
30 August, 2018The automotive production installed in Mexico, as well as the plants that are currently under construction, would have a kind…
GM Ramos Arizpe gears up to add second work shift; opens 300 job vacanciesÂ
30 August, 2018The General Motors complex in Ramos Arizpe, Coahuila, northern Mexico, gears up to operate again in two production shifts after…
Austrian group Voestalpine inaugurates US$ 4 million plant in Zacatecas
30 August, 2018Voestalpine Rotec Summo, a subsidiary of Austrian group Voestalpine dedicated to the manufacture of tubular components and assemblies for the…
Forecast: US auto sales to increase around 1% in August
30 August, 2018Three forecasts from major analyst firms predict U.S. light-vehicle sales to increase in August, one year after two hurricanes collapsed…
