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
The 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
Mexico 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
Spain-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
Altos 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…
Volkswagen Puebla plant increases production, exports by 16.9% through September
13 November, 2017The assembly plant of Volkswagen in Puebla reported an increase in production of 16.9% from January through September, while exports…
Nissan relies on local production to keep its best-selling brand status
13 November, 2017Nissan posted sales of 27,277 vehicles in the Mexican market during October, a 23.5% decrease compared to same month of…
BMW Mexican plant to begin paint shop tests in four months
13 November, 2017BMW Mexico confirmed that the construction of the San Luis Potosi plant is 75% completed, according to schedule to start…
Volkswagen plans a full-electric, rear-wheel-drive successor for the Beetle
11 November, 2017Volkswagen is developing a proposal to build an electric, rear-wheel-drive successor of the Beetle as part of a range of…
