6 November, 2017

Sinaloa looking for investment opportunities in the energy sector

The Ministry of Sustainable Development (SEDESU), the Ministry of Economic Development and the Energy Regulating Commission, spoke to representatives from …

6 November, 2017

Mexico to receive potential climate investment valued at US$791 billion

Mexico might reach potential investment of US$791 billion for “climatically intelligent” investment by 2030, revealed a new report by International…

6 November, 2017

Reductions in Toyota will not affect the Bajio region

The 30% reduction Toyota announced to its investment for the new plant in Apaseo el Grande, Guanajuato, will not affect…

6 November, 2017

Here’s how sales of Mexico-made cars ended up in October across the US market

Despite a strong demand of SUVs and pickups over compact cars in general, some Mexico-made small models saw modest sales…

3 November, 2017

Continental opens new plant in San Luis Potosi, its second in less than a year

ContiTech, a division of German manufacturer Continental, has opened a new production facility in San Luis Potosi, Mexico to produce…

3 November, 2017

MEXICONOW Issue 91

Nov – Dec 2017

2 November, 2017

Hyundai subsidiary invests US$ 450 million in two spare parts distribution centers

Mobis, a subsidiary of Hyundai Group, invested US$ 450 million to build two spare parts distribution centers in Nuevo Leon…

2 November, 2017

Aerospace supply chain, a niche for entrepreneurs

Even though the aeronautic industry demands high-level certifications and regulation, young entrepreneurs have a market niche as part of the…

2 November, 2017

Veracruz welcomes Marble Company investing US$5.3 million

Travertinos Laguna Corporation, part of Grupo Siete Leguas, has invested approximately US$5.3 million in the city of Veracruz, Veracruz, to…

Samsung announced upcoming automotive investment

2 November, 2017

Samsung Electronics Corporation is raising its bet on the automotive industry, with the announcement of investment valued at US$8 billion,…

Zoppas Industries expands its investment in SLP

2 November, 2017

San Luis Potosi State Government Authorities have disclosed that   Italian enterprise Zoppas Industries is expanding its investment project in Rio…

Honda to keep auto production in Mexico regardless of NAFTA

2 November, 2017

Japanese automaker Honda will keep production at its two Mexican plants despite the renegotiation of the North American Free Trade…

Grupo Lala opens US$ 55.2 million meat processing plant in Hidalgo

2 November, 2017

Agrifood Mexican company Grupo Lala in recent days started operation of its new meat processing plant in Tizayuca, Hidalgo, a…

Automotive transit at Lazaro Cardenas port up 45% from January through September

2 November, 2017

Automotive trade through the port of Lazaro Cardenas, Michoacan, in the Pacific Coast, increased 45% to 296,739 vehicles in the…

Goodyear tire plant in San Luis Potosi is officially operational

2 November, 2017

A discreet ceremony took place earlier this week at the World Trade Center II industrial park in San Luis Potosi…

Canada auto sales up 6.3% in October, in track for a record-setting year

2 November, 2017

Auto sales in Canada totaled 164,200 vehicles in October, a 6.3% increase from the same month last year, on track…

Cummins net income up 56% amid increased demand of trucks, construction equipment

2 November, 2017

Cummins Inc. reported earnings of US$ 2.71 per share in the third quarter of 2017, was up from US$ 2.02,…

Eaton Corp. earnings up 9% boosted in part by a strong heavy truck market

2 November, 2017

Power management company Eaton Corporation improved third-quarter revenue and earnings, boosted in part by the strength of the Class 8…

Despite strong demand for pickups, US auto sales fall 1.3% in October

1 November, 2017

Despite a strong demand for pickups, U.S. auto sales fell 1.3% in October to 1.35 million light vehicles and trucks,…

Unconcerned by NAFTA collapse, aerospace companies in Mexico see other issues ahead

1 November, 2017

Aerospace companies with manufacturing operations in Mexico are not likely to leave the country if NAFTA comes to an end,…

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