Baja California receiving up to US$72 million from European investors
European corporation Gonvarri, manufacturer of solar panels, announced investment valued at up to US$72 million for Baja California, as well…
Trailer tank manufacturer Tyrsol opens its second plant in Nuevo Leon
Six years after it was founded, Monterrey-based manufacturer Tanques y Remolques Sol (Tyrsol) started operations in its second production plant…
European companies investing US$167 million in Hidalgo
Two European companies are investing US$167 million in Hidalgo, which will generate 460 direct jobs and over 1,000 indirect positions,…
This is how auto sales ended up in June over the NAFTA region
Major automakers reported a sixth consecutive month of lower U.S. new auto sales for June. American auto dealers sold 1,474,360 cars…
Auto sales in Mexico fall 5.3% in June, up 2.9% for first half of 2017
Last June, auto dealers established in Mexico sold 127,410 cars and light trucks, down 5.3% compared to the same month…
Prospects of 12% growth in Guanajuato’s auto parts sector
The production in Guanajuato’s auto part sector will have growth rates of up to 12% in 2017, due to the…
Technology industry growing in Baja California
Mexico is ranked number one software developer in Latin America, and Baja California has a State-managed cluster strategy which promotes…
Mexico and Chile collaborating to strengthen agri-food exports
The Mexican Government, through the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA) and Chile’s Ministry of Agriculture…
Mexico must diversify its U.S. exports
The NAFTA renegotiation is an opportunity for the Mexican industry to increase the diversification of its products, as well as…
Mexico-China free trade agreement, not feasible at the moment
3 July, 2017Qiu Xiaoqi, China’s ambassador to Mexico, declared that his Country is keeping open doors to negotiate a free trade agreement…
Record employment rates in Puebla
3 July, 2017There are 183 companies based in Puebla that form part of the program for the Manufacturing, Maquiladora and Exportation Services…
Fourth assembly line at the Italika plant inaugurated
3 July, 2017Mexican Corporation Italika, a motorcycle manufacturer, has inaugurated a fourth assembly line at its plant in Toluca, State of Mexico….
Automotive and aerospace investment projects arriving in Chihuahua
3 July, 2017Two automotive companies are set to invest US$87 million and US$150 million respectively, thus generating 1,000 and 1,500 jobs in…
Aeromexico launches direct flight Monterrey-Seoul
3 July, 2017Aeromexico has officially started flights between Incheon, a South Korean city bordering the capital of Seoul, and Mexico City, with…
Auto sales in the US slide less than expected in June amid strong demand for SUVs
3 July, 2017Auto sales continued to slide in June for the sixth straight month in the U.S. market as car buyers face…
Indra gambling on the digital transformation of the aerospace and defense industry
3 July, 2017Applying new digital solutions might boost the Aerospace and Defense industry, given the capacity of improving the processes’ efficiency while…
Grupo Sumitomo to establish harnesses systems plant in Guanajuato
3 July, 2017Grupo Sumitomo will establish a Sistemas de Arneses K&S Mexicana plant in the San Felipe Torres Mochas Industrial Park, in…
GM outperformed Nissan as the largest auto exporter
3 July, 2017General Motors (GM) rebounded as the largest automotive exporter in Mexico so far this year, surpassing Nissan. This effect shall…
MEXICONOW Issue 89
3 July, 2017Jul – Aug 2017
Grupo Mexico completes acquisition of Florida East Coast Holdings
3 July, 2017Grupo Mexico announced it has completed the acquisition of U.S. rail company Florida East Coast Holdings. The deal first revealed…
