Mexico’s inflation rate ends 2017 at 16-year high
During December 2017, the National Consumer Price Index (INPC) recorded a growth of 0.59% per month and an annual increase…
Toluca-based AerolĂneas Ejecutivas orders three new midsize business jets
Textron Aviation Inc. today announced it has received an order from AerolĂneas Ejecutivas (ALE) for three Cessna Citation Latitude midsize…
German manufacturer Mann+Hummel opens its second plant in Queretaro
The Mann+Hummel Group, a German manufacturing company specialized in filtration components, inaugurated its second plant in Queretaro and third overall…
Mexico’s auto production, exports reach new record high in 2017
In 2017, auto plants established in Mexico manufactured 3,773,569 cars and light trucks, and exported 3,102,604 of those vehicles, each…
Here’s how sales of Mexico-made cars ended up during 2017 in the US market
Despite an increasing appetite for SUVs and pickups in the U.S. market, some Mexico-made compact cars remained in strong demand…
2018 Volkswagen Tiguan gets significant price cut in the US market
Volkswagen has drastically reduced the price of the 2018 Volkswagen Tiguan effective immediately to better appeal customers in the highly…
Nestlé to increase production capacity by 30% at cereal plant in Jalisco
Swiss, the world’s largest food and beverage company, plans to expand the production capacity of its cereal plant in Lagos…
Cargo transit through Queretaro airport up 45%
From January through November 2017, the volume of cargo moved throughout the Intercontinental Airport of Queretaro (AIQ) had an annual…
Audi plant in Puebla exceeds production goal in 2017
Having met the annual production goal of the Q5 SUV in advance, Audi workers in Puebla were granted an additional…
Chinese company Trina Solar wins bid for photovoltaic project in Zacatecas
5 January, 2018Trina Solar, a vertically integrated Chinese solar power company, announced that it won a total of 104 MWp of solar…
Japanese manufacturer of automotive lighting expands production capacity in San Luis Potosi
4 January, 2018Koito Manufacturing, a Japan-based manufacturer of automotive lighting, plans to boost production capacity at a plant in Mexico by 50%,…
This is how auto sales ended up in 2017 over the NAFTA region
4 January, 2018U.S. auto sales fell 2% to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline…
Volaris signs agreement with Airbus to buy 80 airplanes
4 January, 2018Mexican economy air carrier Volaris informed that an agreement has been signed with the European airplanes manufacturer Airbus, to purchase…
Mexican aerospace industry’s growth rates at 16.5% and counting
4 January, 2018The Mexican Space Agency (AEM) affirms that the aerospace sector has recorded average growth rates of 16.5% during the present…
Fibra Nova buys industrial building in Chihuahua
4 January, 2018The Real Estate Investment Fund Trust (FIBRA, in Spanish) Nova announced the purchase of a new industrial building in Chihuahua…
Auto sales in Mexico fall 4.6% during 2017
4 January, 2018Sale of new cars in Mexico ended 2017 with a 4.6% drop by selling 1.53 million light vehicles, according to…
US auto sales fall 2% in 2017, ending historic seven-year growth streak
4 January, 2018U.S. auto sales fell 2% to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline…
Mexico receives 14.5% less remittances in November
3 January, 2018After reaching a record in October, family remittances sent to Mexico fell by 14.5% in November. During the eleventh month…
Mexico’s oil exports reach record high in November
3 January, 2018Exports of crude oil reached their highest since August 2011, with a daily average of 1,388,000 b/d (B/D) during November….
Mexican heavy truck exports hiked 49% during last October
3 January, 2018Mexican exports of commercial vehicles such heavy trucks, buses and tractor trucks totaled 11,998 units during last October, a sky-rocketing…
