Toyota sets eyes on Guanajuato to assemble one of its SUVs
Toyota has announced the purchase of 5% of its Japanese rival, Mazda Motor Corporation, as part of an alliance with…
Why are these 5 States exceeding Guanajuato’s automotive investment?
The times when Guanajuato and Aguascalientes were the States that attracted the most automotive investment Mexico are now past. Five…
Gross Fixed Investment is growing again
Gross Fixed Investment (GFI) in Mexico presented positive inter annual growth, with a 1.1% expansion last May, prompted mainly by…
Toyota assessing to produce Tacoma pick up and other SUVs at the Guanajuato plant
Toyota Motor Corp is assessing the possibility to produce a model of Sports Utility Vehicle (SUV) in the plant which…
Intel plans to build more than 100 autonomous vehicles for testing in US, Israel and Europe
Just hours after its acquisition of auto-visual company Mobileye was completed, Intel announced that it will build a fleet of…
Commercial Vehicle Group posts 9% increase in revenue during second quarter
Heavy truck industry supplier Commercial Vehicle Group, Inc. (CVGI) reported second quarter 2017 revenues of US$ 195.1 million compared to…
Gentherm to supply Mercedes-Benz on its first premium segment deal
Michigan-based Gentherm, a developer and manufacturer of thermal management technologies, announced that it has been selected for a next generation…
UK-based cargo airline CargoLogicAir to open London-to-Mexico City service
UK-based all-cargo airline CargoLogicAir (CLA) announced it will begin twice-weekly London-to-Mexico City service, a route linking the Mexican capital to…
Chinese joint venture acquires major stake in Koller, which just opened a plant in Puebla
Fosun and its joint venture Nanjing Nangang Iron & Steel United Co. Ltd. announced they’ve completed the acquisition of a…
German supplier ZF unveils new column drive steering system for the Jeep Compass
9 August, 2017Germany-based auto supplier ZF has launched its first column drive steering system in the US market on the all-new 2017…
Mazda scores technological breakthrough with compression ignition engine
9 August, 2017Mazda Motor announced this week it has become the world’s first automaker to commercialize a compression ignition gasoline engine, meaning…
Nestle plans a US$ 100 million upgrade to its 17 Mexican facilities
9 August, 2017Swiss food and beverage giant Nestle intends to invest about US$ 100 million to upgrade its 17 plants in Mexico…
Zuma Energia secures funds for Mexico’s biggest wind farm project
9 August, 2017Mexican renewable energy group Zuma Energia announced it has secured US$ 600 million to finance a wind farm project in…
Macquarie’s US$ 42.4 million solar plant in Coahuila is now operational
9 August, 2017Macquarie Mexican Infrastructure Fund (FIMM I for its initials in Spanish), an investment fund by Australian bank Macquarie, announced to…
Triumph Group draws back plans to sale manufacturing plant in Mexicali
8 August, 2017Pennsylvania-based aerospace components manufacturer Triumph Composite Systems Inc. revealed its interior business is no longer for sale. The division comprises…
United Technologies considers acquisition of Rockwell Collins, including a plant in Mexicali
8 August, 2017Jet-engine manufacturer United Technologies Corp. is considering the possibility of acquiring Rockwell Collins Inc., a cockpit gear supplier, in a…
AOC plant to be installed in Tamaulipas
8 August, 2017AOC’s General Director, Miguel Angel Wheelock informed that a US$ 1.5 million investment for hydrogen production plants for the electric…
Colinas de San Luis already has 30 companies installed
8 August, 2017With 30 companies already set up, Colinas de San Luis industrial park is currently operating at 72% of its capacity…
Investment worth US$390 million arriving in Queretaro
8 August, 2017The State government will announce ten investment projects from the aerospace and automotive industries for the remainder of the year,…
Accent by Hyundai will be made in Nuevo Leon
8 August, 2017Korean car manufacturer Hyundai, announced the official arrival of the fifth generation of its Accent model, a sedan vehicle which…