FDI in Nuevo Leon adds up to US$ 1.6 billion during the first semester
The Ministry of Economy and Labor in the State (Sedet) pointed out that 38 investment agreements with foreign companies were…
Mazda ratifies plans in Guanajuato
“We will continue right on track with our project in Salamanca, we will keep growing as a company and increasing…
Toyota pledges to hire 100% of the staff in the State of Guanajuato
The Vice President for Mexico Affairs of Toyota Motor, Nobuzo Jun Umemura, reaffirmed the investment commitment of the Japanese company…
US funds the reconstruction of the railroad bridge between Texas and Mexico
The Texas Department of Transport informed that an allotment of US$7 million from federal funds was received to help rebuild…
Nuevo Leon captures FDI valued at US6.7 billion
The Foreign Direct Investment (FDI) announced by corporations during the current administration in Nuevo Leon, adds up to US$6.7 billion,…
Guanajuato attracting investment valued at US$1.5 billion
The Government of Guanajuato estimates to close this year with capital investment worth US$ 1.5 billion, a favorable amount, despite…
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
10 August, 2017Toyota 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
10 August, 2017Just 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
10 August, 2017Heavy 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
10 August, 2017Michigan-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
10 August, 2017UK-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
9 August, 2017Fosun 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…
