Wind blades manufacturer TPI Composites posts net income increase of 65% in first quarter
TPI Composites, Inc., a manufacturer of composite wind blades with three production facilities in Mexico, reported earnings before interest, taxes,…
American Axle’s net income up 14% on record sales
American Axle & Manufacturing Holdings Inc. (AAM) announced its net income rose 14% to US$ 89.4 million during the first…
Net income of automotive supplier Dana Inc. hikes 44% in first quarter
Ohio-based automotive supplier Dana Inc. saw its net income hike 44% to US$ 108 million during the first quarter of…
Korean manufacturer LS Automotive builds US$ 60 million plant in Nuevo Leon
LS Automotive Technologies Co. (LSAT), a Korean manufacturer of automotive components, announced it broke ground in recent days to build…
LG acquires automotive lighting supplier ZKW for US$ 1.31 billion, including a plant in Guanajuato
Korean manufacturer LG Electronics announced its Board of Directors has approved the acquisition of Austrian automotive lighting and headlight systems…
Prent Corp. to open plant for medical packaging solutions in Tijuana
Prent Corp., a Wisconsin-based manufacturer of packaging solutions for the medical and electronics sectors, announced is building a 45,000-square-foot advanced…
Leoni builds US$ 37.5 million plant; its second in Yucatan, sixth overall in Mexico
Leoni AG, a Germany-based manufacturer of cable, harnesses and wiring systems, in recent days broke ground to build its second…
Chevrolet Blazer spotted during test drive in Michigan
Seems like rumors about General Motors’ relaunch of its Chevrolet Blazer are about to be confirmed as shown by Trucks.com,…
Ford might bring back the Maverick as crossover
Ford has trademarked once again the Maverick nameplate but the iconic car might not be back in the near future…
This is how auto sales ended up in the NAFTA region during April
3 May, 2018U.S. auto sales totaled an estimated 1.35 million units in April, down 5% from the same period a year ago,…
Despite lower daily production, Pemex revenue from exports grows 35%
3 May, 2018Although oil production of Petroleos Mexicanos (Pemex) fell 3.3% in the first quarter of the year, the state-owned oil and…
Mexico’s GDP up 2.4% during first quarter, preliminary figures show
3 May, 2018Despite the uncertainty caused by the presidential election and the renegotiation of NAFTA, the Mexican economy expanded by 2.4% in…
Auto sales in Mexico drop during April for the 11th month in a row
3 May, 2018Sales of light vehicles in Mexico declined for the 11th month in a row in April, this time to 109,265…
US auto sales drop an estimated 5% in April
2 May, 2018U.S. auto sales totaled an estimated 1.35 million units in April, down 5% from the same period a year ago,…
Continental: protectionism, trade wars make our products more expensive
2 May, 2018German 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
2 May, 2018Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) announced that they have entered into a definitive merger agreement under which the…
MEXICONOW Issue 94
2 May, 2018May – Jun 2018
US postpones tariffs on steel, aluminum for Mexico and Canada
1 May, 2018The 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
1 May, 2018The 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
1 May, 2018France-based premium glass bottle manufacturer Saverglass works on the final details to inaugurate a new plant in the Mexican state…
