Magna International opens first stage of US$ 233 million plant in San Luis Potosi
Canadian auto supplier Magna International Inc., through its Cosma International subsidiary, last week it opened a new manufacturing plant in…
Mexico’s clean energy tenders to trigger US$ 8.6 billion investments by 2021
The three electric auctions that the Mexican government carries out to award contracts to private companies that build power plants…
Drywall manufacturer Panel Rey opens US$ 52 million plant in Ciudad Juarez
Panel Rey, a drywall manufacturer based in Nuevo Leon, started operations of its fifth production site in Mexico. The new…
IEnova builds US$ 130 million marine terminal for hydrocarbons in Baja California
Energy infrastructure developer IEnova, a subsidiary of a Sempra Energy Company, announced plans to invest US$ 130 million in order…
Mexico’s industrial activity saw its best performance in 15 months during February
Mexico’s industrial production increased 0.4% in real terms last February compared to the previous month, based on seasonally adjusted figures….
Ford recalls 350,000 SUVs and trucks that may roll away while parked
Ford is issuing a safety recall in North America for approximately 350,000 2018 Ford F-150 and 2018 Ford Expedition vehicles…
Key Safety Systems completes acquisition of airbag supplier Takata for US$ 1.58 billion
Michigan-based Key Safety Systems (KSS) today announced that a consortium led by its parent Ningbo Joyson Electronic Corporation (Joyson Electronics),…
Continental, Osram to create joint venture aimed for automotive lighting
Germany-based manufacturers Continental and Osram announced they have successfully concluded negotiations to create the Osram Continental GmbH joint venture, a…
Grupo Industrial Saltillo consolidates its global automotive businesses under the Draxton brand
Grupo Industrial Saltillo, S.A.B. de C.V. (GIS), a Mexico-based industrial conglomerate serving the automotive market, with a strong presence in…
Heavy truck sales in Mexico down 4.9% during first quarter 2018
11 April, 2018Last March retail sales of heavy vehicles were 3,318 units, a decrease of 8.5% over the same month last year….
New US approach to rules of origin is as strict as original proposal, says Mexican official
11 April, 2018The United States has adopted a new approach to one of the key points to advance the renegotiation of the…
This steelmaker does want to grow in Mexico
11 April, 2018In contrast to US companies that move production lines from Mexico to their country, AK Steel considers that it has…
New Bosch corporate building in Guadalajara
11 April, 2018The German machine and tool company Bosch announced at a press conference at the 2018 Talent Land event, that they…
Sonora will have a High Technology and Innovation Park
11 April, 2018With public and private investment valued at US$38 million, the construction works for the Innovation and High Technology Park (PIAT)…
Avant Energy invests US$500 million in Mexico
11 April, 2018Avant Energy announced that it is going to apply a total of US$500 million for the construction of Supera (Altamira-Bajio…
Germany-based Hirschvogel Automotive Group opens US$ 30 million plant in Queretaro
11 April, 2018The Hirschvogel Automotive Group, a German manufacturer of forged and machined parts of steel and aluminum, today inaugurated a US$…
Sales of electrified vehicles skyrocketed 64% in Mexico during January
11 April, 2018Despite an overall decline in auto sales during last January, sales of electrified vehicles in Mexico increased by 64.1% to…
GM builds new facilities at its Ramos Arizpe premises
11 April, 2018No fuss necessary, the Detroit automaker General Motors builds a couple new structures at its manufacturing complex in Ramos Arizpe,…
Auto sales in Mexico will ramp up after elections, says Volvo exec
11 April, 2018Swedish automaker Volvo anticipates that 2018 will be a difficult year for the Mexican auto retail sector due to the…
Jeep Compass leads light truck production volume in Mexico during early 2018
10 April, 2018In the first two months of 2018, the all-new Jeep Compass became the Mexico-made light truck with the largest production…
