Standex International acquires Piazza Rosa Group with operations in Queretaro
Standex International Corporation, a New Hampshire-based multi-industry manufacturer announced that it has acquired Italy-based Piazza Rosa Group, a leading provider…
Methode Electronics acquires Pacific Insight for US$ 114 million; deal includes a plant in Zacatecas
Methode Electronics, Inc., a global developer of custom engineered and application-specific products and solutions, announced a definitive agreement with Pacific…
Toyota acquires 5% stake in Mazda as part of joint venture for new plant, electric cars
An automotive capital alliance is in the works between Toyota and Mazda to pave way for a joint-venture aimed to…
Logistic solutions supplier Tradelossa opens facility in Nuevo Laredo
Logistic solutions supplier Tradelossa, a company specialized in over dimensional and heavy loads, announced it has opened a 17,000 square-meters…
California-based ICON Aircraft resumes deliveries
California-based ICON Aircraft announced it has resumed customer deliveries with six of its A5 light sport amphibious aircrafts in June…
Bosch, Continental to supply automated braking systems for Nissan
Nissan is making the advanced automated braking systems a standard feature on most of its U.S. vehicles for the 2018…
Final decision for production of the Ford Fiesta in Mexico is yet to be made
Ford Motor CEO Jim Hackett is still reviewing the automaker’s global operations, hence a decision regarding production of the Fiesta…
Delphi’s net income boosts 42% in second quarter 2017
Auto supplier Delphi Automotive saw its net income skyrocketed 42% to US$ 386 million in the second quarter of 2017…
This is how auto sales ended up in July across the NAFTA region
Mexican auto dealers sold 122,110 light vehicles in the seventh month of 2017, 7.3% less units tan the 131,764 vehicles…
Mexican auto sales drop 7.3% in July; year-to-date deliveries still up 1.4%
2 August, 2017Mexican auto dealers sold 122,110 light vehicles in the seventh month of 2017, 7.3% less units tan the 131,764 vehicles…
MillerCoors names Crown’s Monterrey facility 2016 Supplier of the Year
1 August, 2017MillerCoors has named Crown Beverage Packaging Mexico, a business unit of Crown Holdings, Inc. as its 2016 Packaging Materials Supplier…
Ferromex doubles safety investment
1 August, 2017Ferromex invested US$ 21 million during the first six months of the present year on police and surveillance, which means…
US auto sales fall 7% in July; SUVs and pickups still on strong demand
1 August, 2017Sales of new cars and trucks in the U.S. market dropped 7% to 1.4 million units in July. It was…
Mexico regains the investors’ trust and reliability: ProMexico
1 August, 2017Without a doubt, Donald Trump’s ascension to power in the US has caused an environment of uncertainty in terms of…
California, interested in coming to Tijuana
1 August, 2017The Mayor of Tijuana, Juan Manuel Gastelum, met the delegation of representatives of California’s Central Valley, who are interested in…
Toluca, home of the new Genomma Lab plant
1 August, 2017The pharmaceutical company Genomma Lab, will build its first manufacturing plant in Mexico, north of Toluca, State of Mexico, informed…
Mini introduces its first hybrid model into the Mexican market
1 August, 2017BMW has become the last automaker to introduce a low emissions model into the Mexican market. Its subsidiary Mini announced…
SLP, without labor concerns after Ford’s cancellation
1 August, 2017San Luis Potosi is not worried about the nearly 2,500 jobs that were not generated after the cancellation of the…
Mexico designates top NAFTA negotiator, defines goals
1 August, 2017Just hours after the Mexican economy ministry appointed Kenneth Smith Ramos as the lead negotiator for NAFTA talks, set to…
US Congress scratches border tax off its overhaul proposal
1 August, 2017U.S. Congressional leaders announced that they have scrap a border tax on incoming goods, including cars, as part of a…