7 March, 2018

One more Japanese company arriving in Leon

Japanese Company Atsumi is going to start producing high precision metal parts for the automotive industry in Leon, starting from…

7 March, 2018

Grupo PIASA inaugurates US$ 61 million biomass-based power plant in Oaxaca

Grupo PIASA, a company led by Arca Continental and other bottlers part of the Mexican Coca-Cola Industry, inaugurated in recent…

7 March, 2018

Germany-based ZF Group inaugurates US$ 17 million plant in Durango

Germany-based ZF Group inaugurated a new production facility in the municipality of Gomez Palacio, Durango, dedicated to the manufacture of…

6 March, 2018

Mexico’s auto production increases 6.2% in February; exports hike 11.2%

Light vehicle production in Mexico rose 6.2% annually in February, while exports grew 11.2%, the Mexican Association of the Automotive…

6 March, 2018

Sales from Magna International Mexican subsidiaries increase 7.5% in 2017

Canadian Tier 1 auto supplier Magna International Inc. posted 2017 results with records for sales, earnings per share, and operating…

6 March, 2018

Honda introduces affordable 7-passenger SUV to the Mexican market

Japanese automaker Honda has launched in the Mexican market a 7-passenger SUV for under 350,000 pesos or around US$ 18,920,…

6 March, 2018

Nissan builds NP300 Frontier variant for Renault at Cuernavaca plant

The Renault-Nissan-Mitsubishi alliance announced plans to speed up the convergence between the three companies on how they work in key…

6 March, 2018

Automotive transit through Lazaro Cardenas port grows 24% during January

Last January, the Lazaro Cardenas port managed 33,976 vehicles through its premises, which represented an increase of 24% compared to…

6 March, 2018

Nissan Cuernavaca plant shuts down third shift; lays off 550 workers

Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…

Nissan Cuernavaca plant shuts down third shift; lays off 550 workers

6 March, 2018

Representatives of the workers union of the Nissan plant in Cuernavaca, Morelos (CIVAC) announced that due to an increase in…

Ternium, ArcelorMittal keep up with investments plans in Mexico despite threat of tariffs

6 March, 2018

Ternium and ArcelorMittal, two of the main steel producers in Mexico, announced that they do not plan to stop the…

Seventh round of NAFTA talks concludes three chapters, leaves six more near completion

6 March, 2018

The negotiating teams from Mexico, United States and Canada managed to close three NAFTA chapters and left six more near…

MEXICONOW Issue 93

5 March, 2018

Mar – Apr 2018

GKN in talks with Dana over sale of auto division; two Mexican plants involved

5 March, 2018

U.K.-based manufacturer GKN PLC confirmed last Friday that it is in talks with Dana Inc. over the possible merger of…

This is how auto sales ended up during February over the NAFTA region

3 March, 2018

Sales of light vehicles in the U.S. market fell during February as carmakers lowered incentives and as interest rates increased….

Auto sales in Mexico decline for the ninth straight month; 7.2% in February

3 March, 2018

Sale of brand new light vehicles in the Mexican market totaled 109,484 units in February, 7.2% less compared to same…

US auto sales fall 2.4% during February on lower incentives and higher interest rates

3 March, 2018

Sales of light vehicles in the U.S. market fell during February as carmakers lowered incentives and as interest rates increased….

GM unveils the 2019 GMC Sierra Denali, its most luxurious pick up to date

2 March, 2018

General Motors revealed its latest addition to the high-end truck market Thursday with the 2019 GMC Sierra Denali and SLT…

Netherlands-based Constellium N.V. inaugurates state-of-the-art plant in San Luis Potosi

2 March, 2018

Netherlands-based Constellium N.V. celebrated the grand opening of its new Automotive Structures plant in San Luis Potosi, to supply aluminium…

Spain-based Fagor Ederlan, Grupo Industrial Saltillo open two plants in San Luis Potosi

2 March, 2018

The companies Fagor Ederlan and GISederlan inaugurated in recent days their respective plants in San Luis Potosi, to which an…

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