Volkswagen Mexico production, exports drop while Audi’s doubles
Volkswagen and its sibling Audi posted mixed results in the first quarter of 2018 concerning production and exports, with the…
Audi fulfills commitment of 5,200 jobs in Puebla
A little more than a year after formally starting operations in San Jose Chiapa, Puebla, German premium automaker Audi has…
Japanese manufacturer Ashimori opens its second plant in Guanajuato
Ashimori Industry Co. Ltd., a Japanese manufacturer of automotive safety systems, opened its second plant in Mexico this week in…
Asian brands account for more than half of Mexico’s auto sales in the first quarter
During the first quarter of 2018, auto sales of Asian brands in Mexico accounted for the first time for more…
Volkswagen Truck division open to a takeover of Navistar
Volkswagen’s heavy-vehicle division is open to a takeover of U.S. affiliate Navistar International Corp. as the German company seeks scale…
Mercedes-Benz begins production of the new A-Class in one of five plants it will be made at
German premium automaker Mercedes-Benz today announced it has officially started production of the new A-Class at the assembly plant in…
Mino Industry inaugurates plant in Leon
Japanese auto parts company Mino Industry Mexico inaugurated its plant in this municipality with investment valued at US$ 40 million….
Bosch to invest US$120 million in Celaya
German Corporation Bosch, an industrial technology solutions provider, will open a new auto parts plant with Industry 4.0 quality in…
SMEs park to be developed in Queretaro
In order to meet the demands of small and medium enterprises (SMEs), the SME Industrial Park is now being built…
Martin Technologies opens US$ 15 million plant in Ramos Arizpe, Coahuila
19 April, 2018With an initial investment of US$ 15 million, Harold Martin Tecnologias de Mexico, a subsidiary of Martin Technologies, inaugurated its…
Nemak’s net income up 3% in first quarter as it earns new contracts for electric vehicles
19 April, 2018Monterrey-based Nemak, S.A.B. de C.V., a manufacturer of aluminum components for the automotive industry, saw its net income increase 3%…
Toyota reasserting its commitment to Mexico and North America
18 April, 2018Through a press release, Toyota reiterated it is moving forward with the construction of its plant in Apaseo el Grande,…
Switzerland, looking for business in Mexicali
18 April, 2018The Ministry of Economic Development (Sedeco) participated in the agenda that members of the Swiss Business Center in Mexico carried…
Engineered plastics manufacturer Techmer PM inaugurates plant in Queretaro
18 April, 2018Tennessee-based engineered plastics manufacturer Techmer PM today inaugurated a 60,000 sq.-ft compounding plant in Queretaro, Mexico. The facility, which started…
Magna inaugurates location in San Luis Potosi
18 April, 2018Magna is the main auto-body supplier in North America and the third globally, with customers such as BMW and Mercedes…
New NAFTA deal within reach in the next three weeks, says CNBC
18 April, 2018U.S. representatives involved in the NAFTA renegotiation aim to reach a deal in principle with Canada and Mexico in the…
China Offshore Corporation begins deep water drilling in the Gulf of Mexico
18 April, 2018The China Offshore Corporation will invest up to US$ 289 million in a 4 to 10-year period to explore block…
Japan-based manufacturer MINO Industry inaugurates US$ 40 million plant in Guanajuato
18 April, 2018Japanese manufacturer of die-casting automotive components MINO Industry inaugurated a plant in the Colinas de Leon industrial park where the…
Mexican-Canadian oil and gas joint venture begins exploratory drilling in Veracruz
18 April, 2018International Frontier Resources Corporation (IFR), a Canadian publicly traded Oil & Gas company, announced that it has spudded its first…
Bosch builds a US$ 120 million smart factory in Guanajuato
18 April, 2018Germany-based multisector manufacturer Bosch today announced it is investing US$ 120 million to build a new smart factory for electronic…