Due to image damage, 20 Ford agencies close or change brands
At least 20 agencies of Ford vehicles have closed or changed their product for other brands that have been presenting…
Bachoco acquires Alabama-based Albertville Quality Foods for US$ 144 million
Industrias Bachoco S.A.B. de C.V., Mexico’s biggest producer and processor of poultry and other food products, announced that it reached…
BorgWarner acquires UK-based Sevcon to enhance its electric drives portfolio
BorgWarner announced a definitive agreement to acquire UK-based Sevcon, Inc., a global player in electrification technologies, as part of a…
Mexico delays next oilfield auctions after recent major discoveries
Mexican authorities plan to delay the next offshore oilfield auctions by a month in order to give bidders more time…
Monterra Energy plans to build fuel storage terminal in Puebla
Monterra Energy, a company supported by investment firm KKR to pursue opportunities in the Mexican energy sector, plans to build…
UK-based InfraRed Capital Partners invests US$ 35 million in two Mexican solar plants
London-based InfraRed Capital Partners, a global investment firm focused on infrastructure and real estate, announced its Infrastructure Fund has completed…
FCA issues recall for 1.3 million sedans, SUVs
Fiat Chrysler Automobiles has issued two voluntary recalls affecting more than 1.3 million vehicles worldwide. The first recall affects 770,853…
Mexico becomes fifth largest market for Spain-based automaker SEAT
Spain-based automaker SEAT concluded the first half of 2017 with the best commercial result since 2001. The brand’s global sales…
Mexico and US taking energy relation to a new level
Mexico and the US are looking to raise their energy relation to a whole new level and are ready to…
Mining company announced US$56 million investment in Durango
14 July, 2017Fernando Alanis Ortega, Executive Director of Grupo Peñoles, announced the upcoming US$56 million investment for the expansion of Minera El…
Hyundai sales accelerating with the new Accent Made in Mexico
14 July, 2017The company is expecting to reach to reach 20,000 units per year within the first year of production for the…
Young man from Aguascalientes, nominee for the 2017 National Youth Award
14 July, 2017Fernando Mier Hicks, from Aguascalientes, was nominated to receive the National Youth Award in Science and Technology. Mier Hicks is…
Visiting Asia and Germany for more capital
14 July, 2017Coahuila’s economic promotion in Asia and Europe is not over yet, there are plans to send a delegation to visit…
Construction of the NAICM cargo train to cost 38% more
14 July, 2017The cargo train that is being built in order to speed up the transportation of materials in the construction process…
Pfizer has plans to invest US$9.3 million in Toluca
14 July, 2017Pfizer has plans to exert investment valued at US$9.3 million in its plant in Toluca, with a vision to apply…
Airbus, aiming at the development of the A380plus
14 July, 2017Airbus presented a development report of the enhanced A380, the “A380plus”, which includes aerodynamic innovations, as well as new and…
Mexican firms risking to manufacture cars
14 July, 2017Back in the year 2000, the firm Compañia Operadora de Estacionamientos Mexicanos (Copemsa) devised a plan to develop electric vehicles….
Bosch opening new Queretaro plant next December
14 July, 2017With a US$ 80 million investment, Grupo Bosch will start the operation of its new Queretaro plant this upcoming month…
IEA: Global Energy Investment Drops 12%
14 July, 2017Energy investments worldwide fell by 12% on the year to just over US$1.7 trillion in 2016, with electricity investment outpacing…
IEnova to build hydrocarbon terminal in Veracruz
14 July, 2017IEnova presented an offer worth roughly US$55 million for the hydrocarbon project, the first of its kind to be made…
