Aerospace mergers and acquisitions reach record US$ 62 billion in nine months
The Aerospace and Defense sector saw mergers and acquisitions for US$ 44 billion in deal value during the third quarter…
Mexico’s auto sales drop 10.2% in October
Auto dealers in Mexico, struggling a market weakened by natural disasters, sold 123,318 new vehicles in October, which represented a…
BP opens its first gas station in Queretaro
The BP fuel service station, in the North area of the municipality of Queretaro, which became the first location of…
Sinaloa looking for investment opportunities in the energy sector
The Ministry of Sustainable Development (SEDESU), the Ministry of Economic Development and the Energy Regulating Commission, spoke to representatives from …
Mexico to receive potential climate investment valued at US$791 billion
Mexico might reach potential investment of US$791 billion for “climatically intelligent” investment by 2030, revealed a new report by International…
Reductions in Toyota will not affect the Bajio region
The 30% reduction Toyota announced to its investment for the new plant in Apaseo el Grande, Guanajuato, will not affect…
Here’s how sales of Mexico-made cars ended up in October across the US market
Despite a strong demand of SUVs and pickups over compact cars in general, some Mexico-made small models saw modest sales…
Continental opens new plant in San Luis Potosi, its second in less than a year
ContiTech, a division of German manufacturer Continental, has opened a new production facility in San Luis Potosi, Mexico to produce…
MEXICONOW Issue 91
Nov – Dec 2017
Hyundai subsidiary invests US$ 450 million in two spare parts distribution centers
2 November, 2017Mobis, a subsidiary of Hyundai Group, invested US$ 450 million to build two spare parts distribution centers in Nuevo Leon…
Aerospace supply chain, a niche for entrepreneurs
2 November, 2017Even though the aeronautic industry demands high-level certifications and regulation, young entrepreneurs have a market niche as part of the…
Veracruz welcomes Marble Company investing US$5.3 million
2 November, 2017Travertinos Laguna Corporation, part of Grupo Siete Leguas, has invested approximately US$5.3 million in the city of Veracruz, Veracruz, to…
Samsung announced upcoming automotive investment
2 November, 2017Samsung Electronics Corporation is raising its bet on the automotive industry, with the announcement of investment valued at US$8 billion,…
Zoppas Industries expands its investment in SLP
2 November, 2017San Luis Potosi State Government Authorities have disclosed that  Italian enterprise Zoppas Industries is expanding its investment project in Rio…
Honda to keep auto production in Mexico regardless of NAFTA
2 November, 2017Japanese automaker Honda will keep production at its two Mexican plants despite the renegotiation of the North American Free Trade…
Grupo Lala opens US$ 55.2 million meat processing plant in Hidalgo
2 November, 2017Agrifood Mexican company Grupo Lala in recent days started operation of its new meat processing plant in Tizayuca, Hidalgo, a…
Automotive transit at Lazaro Cardenas port up 45% from January through September
2 November, 2017Automotive trade through the port of Lazaro Cardenas, Michoacan, in the Pacific Coast, increased 45% to 296,739 vehicles in the…
Goodyear tire plant in San Luis Potosi is officially operational
2 November, 2017A discreet ceremony took place earlier this week at the World Trade Center II industrial park in San Luis Potosi…
Canada auto sales up 6.3% in October, in track for a record-setting year
2 November, 2017Auto sales in Canada totaled 164,200 vehicles in October, a 6.3% increase from the same month last year, on track…
Cummins net income up 56% amid increased demand of trucks, construction equipment
2 November, 2017Cummins Inc. reported earnings of US$ 2.71 per share in the third quarter of 2017, was up from US$ 2.02,…
