9 October, 2018

This is allegedly the first BMW 3 Series built in San Luis Potosi 

Local media outlets in San Luis Potosi are publishing a photo of what is supposed to be the first BMW…

9 October, 2018

Redwings builds service hangar in Queretaro

Redwings began its second phase of investment in Queretaro, with the placement of the first stone of the hangar that…

9 October, 2018

US confectionery Mars Inc. invests US$ 20 million to keep ahead of demand

U.S.-based manufacturer of confectionery Mars Incorporated plans to invest around US$ 20 million in Mexico over the next three to…

9 October, 2018

Walmart begins construction of Yucatan’s new distribution center

Walmart commenced the first construction stage of its new distribution center, whose investment will amount to US$50 million. As a…

9 October, 2018

Around US$4 million invested in the Mexican coffee industry

According to official data, about 1.4 kilos of coffee are consumed, per person, in Mexico. Moreover, coffee is the second…

9 October, 2018

Light beer consumption hikes in Mexico

In Mexico, at least one out of every five beers that are commercialized, is a light beer. This market has…

9 October, 2018

HORSEPOWER October 2018



9 October, 2018

Mexico’s auto production increases 0.9% from January through September; exports up 7.5%

Last month, global automakers built 320,071 cars and light trucks at their production facilities in Mexico, according to data from…

8 October, 2018

Faurecia teams up with business accelerator to sponsor tech startups

Tier 1 automotive supplier Faurecia has teamed up with business accelerator Emprenderock and the Businesses Coordinator Council (CCE for its…

Automakers consider shifting more production work to North America following USMCA outcome

8 October, 2018

Several foreign automakers are considering moving more manufacturing operations from their plants located in other regions of the world to…

Maquiladoras in Cd. Juárez embrace automation technology

8 October, 2018

Important companies in Cd. Juárez have adapted strategies to automate production lines. Currently, the maquiladora industry is a leader and…

Auto sector commits investments for US$5 billion from 2017 to 2020, says Bancomext

8 October, 2018

Independently of the recent renegotiations of the North American Free Trade Agreement (NAFTA), now known as the United States-Mexico-Canada Agreement,…

Sales of electrified cars increase 84% in Mexico, but full-electric models are ‘missing the party’

8 October, 2018

In July, auto dealers in Mexico sold 1,244 electrified new vehicles, which represents an increase of 84.8% compared to same…

Here’s how sales of Mexico-made vehicles ended up in the US market in September

8 October, 2018

Although September was a difficult month for the automotive industry, in general, there were good results for some of the…

Huawei puts trust in Mexico’s economic stability

5 October, 2018

Huawei, China’s largest private company, trusts in Mexico’s economic stability and ensures that the nation is heading for a technological…

French developer Engie to build US$ 111-million photovoltaic park in Sonora

5 October, 2018

Engie Group, a French developer of energy infrastructure, announced that it will build a new photovoltaic park in the municipality…

G&W Electric celebrates 10 years of operations in San Luis Potosi with safety milestone

5 October, 2018

Illinois-based G&W Electric, a manufacturer of electric equipment for utility companies, celebrated 10 years of manufacturing operations in Mexico with…

Oil and gas company Hokchi Energy unveils US$ 2.5 billion investment plan

5 October, 2018

Oil and gas company Hokchi Energy, a subsidiary of Argentina-based Pan American Energy, announced its investment plan for the next…

Tesla meets ambitious production targets during third quarter

4 October, 2018

The electric carmaker Tesla announced it has managed to meet its ambitious production targets, including those of the Model 3,…

Head of auto parts manufacturers in Mexico foresees 10% growth under USMCA terms

4 October, 2018

The demand for greater regional content in the cars produced under the new USMCA trade deal will increase the production…

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