Tesoro Corp. signs deal to transport fuel via Pemex pipelines
San Antonio-based refiner Tesoro Corporation announced it has reached a definitive agreement with Petroleos Mexicanos (Pemex) for storage and transportation…
Grupo Modelo investing US$856,000 for better barley
Grupo Modelo, which belongs to the Belgian firm Anheuser-Busch InBev (AB InBev), is investing US$856,000 on research for barley cultivators…
Mexico beats Brazil in the quest to attract FDI
Despite Brazil offering higher interest rates than Mexico, foreign investors prefer the bonuses Mexico offers, thus disregarding the South American…
BMW inaugurates its Training Center in San Luis Potosi
Operations at the BMW Training Center are starting this upcoming month of November. The Center is located at the industrial…
U.S. investment projects going on in Guanajuato
The U.S. Government has adopted a more measured attitude in regards to commerce with Mexico, generating an environment of certainty…
The industry wants more NAFTA, less Asian content
The U.S. government and the Mexican industry agree that future NAFTA negotiations must contemplate that the exchange products contain more…
Exports by IMMEX Companies in Nuevo Leon growing 44.5%
According to statistics by the National Council of the Maquiladora and Export Manufacturing Industry (INDEX) in Nuevo Leon, during April…
BMW training center set to open in San Luis Potosi by November
German automaker BMW plans to open its Training Center coming November. It will be the first building to formally start…
New Ford transmission plant starts operations on low-profile mode
Ford’s new transmission plant in Irapuato, Guanajuato, officially started operations last Thursday July 20 with no ceremony in place, according…
Honda to shift some HR-V production from Mexico to Japan
19 July, 2017Honda Motor plans to build in Japan the two SUVs it sells in the European market in order to boost…
Border tax, NAFTA exit could harm U.S. auto industry, says study by BCG
19 July, 2017Imposing a border adjustment tax or withdrawing from the North American Free Trade Agreement would increase the price of vehicles…
Industrial park developed in Guanajuato
19 July, 2017With a US$ 10 million investment, the first stage of the PIBSA Industrial Polygon was inaugurated in Apaseo el Grande….
BAIC to invest US$150 million in Mexico over five years
19 July, 2017During the test drive of the all-terrain BJ40 vehicle, the Director of the Chinese automotive in Mexico, Jimena Saenz, pointed…
Overseeing the advance of the BMW plant in SLP
19 July, 2017ProMexico’s General Director, Paulo Carreño, held a reunion with executives of BMW Corporation, to learn about the advance in the…
Income from industrial lease doubles
19 July, 2017The income from lease of industrial buildings to the Juarez’s maquiladora industry has nearly doubled from 2014 up to now,…
Nuevo Leon to benefit from Chinese investment
19 July, 2017US$ 1.5 million is what the State is looking to attract with 23 investment projects from China which will generate…
Sandhar Mexico to supply aluminum components for Tesla Model 3
19 July, 2017Sandhar Technologies Limited, an India-based automotive supplier with aluminum pressure die casting operations in Mexico, announced will supply two components…
Report: Ford auto dealers in Mexico face branding crisis after canceled plant
19 July, 2017At least 20 Ford auto dealerships in Mexico experiencing low sales have closed or shifted to other brands in the…
US makes lower trade deficit a priority in NAFTA renegotiation
18 July, 2017The U.S. government revealed its plans for renegotiating the North American Free Trade Agreement, stating that its key objective is…
There might be a good reason why Lucid wants to partner with Ford
18 July, 2017California-based electric vehicle startup Lucid Motors is considering to sale itself to Ford Motor Company in an effort to raise…
