Sales of electrified vehicles up 40% in Mexico from January through August
Last August, Mexican auto dealers sold 762 new electrified vehicles, including full-electric and hybrid units, the figure represents a 14.7%…
October sees the strongest monthly sales of 2017 for heavy trucks, buses in Mexico
Last October, manufacturers of buses, heavy trucks and tractor trucks in Mexico sold 4,451 commercial vehicles to dealers and distributors,…
Mexican Pharmaceutical Firm partnered with big labs
The Mexican pharmaceutical Firm Chinoin, produces 50 million units of medication per year in two lines: human and veterinary. The…
Mobis keeping up with Kia Mexico
Mobis, an auto part provider, invested US$450 million in Mexico to install its Distribution Center of Kia Auto Parts, in…
Bancomext looking to attract investment from China
Bancomext, together with the China Bank of Development, is looking to develop mechanisms to provide financing to potential investors in…
Building up local aerospace supply chain in Queretaro
Increasing the integration of local supply chain into the aerospace industry is one of the strategies that industrial leaders from…
Toyota presents in Mexico the diesel version of Hilux
Toyota Motor Sales introduced its 2018 diesel Hilux in Mexico, with expected sales of 5,000 units until the end of…
Repsol looking to have a network of 1,200 gas stations in Mexico
Repsol is looking to profit from the reform to the fuel retail market in Mexico, which was open to investors…
Mexican automotive industry has record production and exportation
The national production of light vehicles surpassed the 3 million units during the first ten months of the year, which…
Goldcorp goes for ‘aggressive’ expansion in Mexico’s energy sector
14 November, 2017The oil firm co-founded by the President of the Canadian mining company Goldcorp, wants to expand its business in Mexico…
Mexico’s aerospace industry on track to exceed US$ 8 billion exports this year
14 November, 2017Mexico has become a global manufacturing center for the aerospace industry, which has allowed this sector to grow at an…
Spain-based Truck & Wheel breaks ground for a US$ 15 million facility in San Luis Potosi
14 November, 2017Spain-based logistics and assembly solutions supplier Truck & Wheel broke ground in San Luis Potosi to build a US$ 15…
AHMSA invests US$ 70 million to build a 100 MW power plant
14 November, 2017Altos Hornos de Mexico (AHMSA) announced plans to invest US$ 70 million in the construction of a 100 MW power…
Ternium Mexico aims to increase revenue from the auto industry
13 November, 2017Ternium Mexico seeks to raise its revenues from the automotive industry from 20 to 25%, with its new laminate projects…
Steel sales in Mexico up 15.8% during first eight months of 2017
13 November, 2017In the first eight months of 2017, sales of steel in Mexico reached US$ 11.97 billion, an increase of 15.8%…
Grupo Deacero joins Japanese firm to enter Mexican automotive steel market
13 November, 2017Mexican steel products manufacturer Grupo Deacero is developing a joint venture with Japanese producer Summit Steel Corporation aimed to establish…
Autlan planning to invest US$300 million in Mexico
13 November, 2017Mining Corporation Autlan is planning to invest US$300 million in Mexico for an operational improvement of its iron alloy plants…
SkyPlus, first Aerospace park in Guanajuato
13 November, 2017The first Aerospace Park in Guanajuato, SkyPlus, is offering a competitiveness bonus with 15% annual growth rates and manufacturing costs…
Nuevo Leon to support technology companies
13 November, 2017Jaime Parada Avila, director of the Innovation and Technology Transfer Institute in Nuevo Leon, made a petition to local Congress…
Jalisco receiving automotive investment worth over US$5 billion
13 November, 2017Jalisco is the ultimate place to invest, engaging companies from the automotive industry. According to information provided by the director…
