Continental: protectionism, trade wars make our products more expensive
German automotive supplier Continental voiced its support to completely abolish trade tariffs or bring them into line at the lowest…
Marathon-Andeavor merger creates biggest US refiner with a high stake in Mexico
Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) announced that they have entered into a definitive merger agreement under which the…
MEXICONOW Issue 94
May – Jun 2018
US postpones tariffs on steel, aluminum for Mexico and Canada
The Trump administration announced it has delayed most of its tariffs on imported steel and aluminum until at least June…
Mexico’s auto industry lobby rejects news proposals on rules of origin
The Mexican Automotive Industry Association (AMIA) voiced its rejection to the latest proposal by the U.S. trade representatives involved in…
French premium glass bottle producer Saverglass to open US$ 120 million plant in Jalisco
France-based premium glass bottle manufacturer Saverglass works on the final details to inaugurate a new plant in the Mexican state…
Tequila Patron builds US$ 120 million distillery in Jalisco
Tequila Patron, pioneer in the ultra-premium segment of spirits, recently broke ground to build a US$ 120 million distillery in…
Wisconsin-based electronics manufacturer Plexus to open its second plant in Guadalajara
Plexus, a Wisconsin-based designer and developer of manufacturing, supply chain and aftermarket services in the electronics sector, announced plans to…
Cisco partners with two firms to open first of its kind oil and gas tech center in Mexico
Wood PLC, Cisco and Roue Consultores have partnered to open a new, first of its kind, Oil and Gas Advanced…
Grupo Gondi taps German group Voith to install state-of-the-art paper machine in Nuevo Leon
30 April, 2018Voith, a German developer of mechanical engineering solutions revealed it has been commissioned by Mexico-based Grupo Gondi supply a new…
Nuevo Leon-based Katcon to open three plants in China, US
30 April, 2018The Mexican company Katcon plans to open at least three production plants during this and next year; two in China…
Ford likely to build SUVs in Sonora, says state official
30 April, 2018After Ford Motor Co. announced that it will cease the manufacturing of sedan cars for the U.S. market, Jorge Vidal…
Bosch tech to reduce emissions of nitrogen oxides to one-tenth of 2020 limits
30 April, 2018German manufacturer Bosch announced that a series of tools it has developed for diesel engines could enable vehicle manufacturers to…
Electric car company Zacua opens assembly facility in Puebla
30 April, 2018After a series of delays caused by the earthquake last September, the Mexican electric car brand Zacua inaugurated in Puebla…
NAFTA talks put on hold until May 7 for consultations
30 April, 2018Negotiations on a new NAFTA will stall until May 7, allowing time for consultations with the auto industry in Mexico…
Stricter rules of origin could hurt US auto sales, exports: study
30 April, 2018A new study (PDF) by the Michigan-based Center for Automotive Research (CAR) suggests that adjustments proposed by the U.S. team…
Heavy truck production in Mexico up 20% in February; exports hike 43%
30 April, 2018Manufacturers of commercial vehicles produced 12,125 units in Mexico during the second month of the year, that figure represents an…
Mergers and acquisitions in automotive industry more than double in first quarter 2018
27 April, 2018Mergers and acquisitions (M&A) in the automotive industry more than doubled globally during the first quarter of 2018 with overall…
YFYJupiter opens plant for sustainable packaging solutions in Ciudad Juarez
27 April, 2018YFYJupiter, a Hong Kong-headquartered supplier of sustainable packaging solutions, opened a production facility in Ciudad Juarez, its first in Latin…
Chinese automaker BAIC readies to reveal location of US$ 2 billion plant in Mexico
26 April, 2018Officials of Chinese state-owned automaker Beijing Automotive Industry Holding Co., commonly known as BAIC, prepare the announcement of an investment…