1 August, 2017

Mini introduces its first hybrid model into the Mexican market

BMW has become the last automaker to introduce a low emissions model into the Mexican market. Its subsidiary Mini announced…

1 August, 2017

SLP, without labor concerns after Ford’s cancellation

San Luis Potosi is not worried about the nearly 2,500 jobs that were not generated after the cancellation of the…

1 August, 2017

Mexico designates top NAFTA negotiator, defines goals

Just hours after the Mexican economy ministry appointed Kenneth Smith Ramos as the lead negotiator for NAFTA talks, set to…

1 August, 2017

US Congress scratches border tax off its overhaul proposal

U.S. Congressional leaders announced that they have scrap a border tax on incoming goods, including cars, as part of a…

1 August, 2017

Bosch Mexico posts sales of US$ 1.2 billion for the 2016 fiscal year 

Germany-based automotive supplier Bosch reported it ended its 2016 fiscal year with consolidated sales of US$ 1.2 billion in Mexico,…

1 August, 2017

Ford revamps Mexican dealerships amid reports of branding crisis

Ford announced plans to invest US$ 52.6 million at the 127 dealerships around the country as part of an effort…

1 August, 2017

Grupo Bimbo sees global sales jump 11% in first half of 2017

Mexican bakery company Grupo Bimbo saw its sales climb more than 11% to US$ 7.39 billion in the first half…

1 August, 2017

Audi plans to reduce costs by US$ 12 billion in the next five years

Audi plans to cut costs by US$ 12 billion (10 billion euros) by 2022 to fund its shift to electric…

31 July, 2017

Spain-based Gransolar completes solar plant in Camargo, Chihuahua

Spain-based developer Gransolar announced it has completed the construction of a 35.4 MW photovoltaic plant in Camargo, Chihuahua for the…

Mexico ranks fourth in robot imports

31 July, 2017

In 2016, Mexico positioned itself as the fourth major importer of industrial robots with the acquisition of US$ 158 million…

Mexican exports set new record high in first half of 2017

31 July, 2017

Mexico exported a record high of US$ 198 billion during the first half of the year, a 10.4% year-on-year increase…

BMW has covered 600 of the 1,500 jobs the SLP plant will keep

31 July, 2017

The automotive assembler BMW has assigned 600 work positions from a total of 1,500 jobs expected by 2019,when the production…

New Bafar processing plant in Michoacan 80% complete

31 July, 2017

Bafar, a company based out of Chihuahua, specialized in beef and pork meat, has 80% of advance in the development of…

Uber announces US$ 380 million investment for Mexico

31 July, 2017

With the objective of growing to 500,000 associated drivers in Mexico by the end of 2018, the Uber technological platform…

Technological innovation consolidating Mexico in the agri-food sector

31 July, 2017

The agricultural technological innovation is the backbone to consolidate Mexico as an agri-food powerhouse and it represents a motor of change…

VEMOG to boost Guanajuato’s textile sector

31 July, 2017

The Guanajuato Center of Apparel and Fashion Intelligence, VEMOG, will rise the textile industry’s competitiveness. In this regard, Governor Marquez…

Midori Auto Leather investing US$28 in SLP

31 July, 2017

Japanese firm Midori Auto Leather exerted a US$ 28 million investment to set the first stone of its third plant…

Lear Mexico inaugurates plant in Zacatecas

31 July, 2017

With a US$ 22.5 million investment and the creation of over 1,400 jobs, the firm Lear Mexican Trim Operations inaugurated…

Global automotive mergers and acquisitions up 14% in first half of 2017

28 July, 2017

Global automotive mergers and acquisitions (M&A) activity increased 14.3% in value during the first half of 2017 to US$ 24.4…

BMW supplier Waldaschaff Automotive builds US$ 20 million plant in Guanajuato

28 July, 2017

German auto supplier Waldaschaff Automotive, which specializes in metal components and systems announced it will invest US$ 20 million to…

×