Ford ratifies cancellation of plant in San Luis Potosi
Jim Hackett, delegate counselor of Ford, confirmed the company’s decision to cancel the US$1.6 billion investment in San Luis Potosi….
BAIC starts engines in Veracruz
Chinese automotive company BAIC inaugurated in Veracruz its first assembly line in Mexico. The project is conducted jointly with Foton…
Jalisco receives US$400 million in tequila investment
English corporation Diageo, owner of the Don Julio tequila brand, announced the next stage of its Mexico expansion, which totals…
Volkswagen to produce new version of Jetta in Puebla
This 2018, Volkswagen will launch a new version of its Jetta line in the market, and for this reason, models…
Automotive upholstery plant opening in Zacatecas
Lear Corporation, the number 154 worldwide, disclosed that it will offer 1,300 jobs. Lear installed its 11th plant in Mexico;…
Mexico’s Foreign Direct Investment reaches record high for a first quarter
Mexico received a record amount of foreign direct investment in the first quarter of the year boosted by the US$…
Bosch obtains final approval of diesel vehicle settlement in the U.S.
Bosch announced it has obtained the final approval of a settlement agreement between the company and civil claimants in the…
Costco chooses San Luis Potosi to set its first Mexican gas station
Costco, America’s largest membership-only chain store, opened today its first gas station in Mexico, adding to a streak of foreign…
NY firm acquires 5% stake in CorporaciĂłn Inmobiliaria Vesta
Jaguar Growth Partners (Jaguar), a privately-held investment management firm focused on real estate in global growth markets, announced that it…
Creative industries making way in Queretaro
25 May, 2017Economy in Queretaro goes far beyond hardware, metal, plastic components and is now making way into the sector known as…
Automotive sector asks to maintain the original rules upon NAFTA’s renegotiation
25 May, 2017The automotive industry in Mexico, like that of Canada and the U.S., believe that the original rules should not suffer…
Investors looking to become installed in Piedras Negras, Coahuila
25 May, 2017Elsa Mireles, director of Economic and Touristic Development, indicated that visits of investors to Piedras Negras, Coahuila, are now scheduled…
MD Elektronik opens US$ 20 million plant in Guanajuato
25 May, 2017Germany-based corporation MD Elektronik opened its first manufacturing site in Mexico at the Colinas industrial park, in Leon, Guanajuato, with a…
Ford rules out staff reductions in Mexico
25 May, 2017Ford Mexico does not have plans to cut down on staff or anticipate worker’s retirement in Mexico to reduce staff….
Heineken in Chihuahua will create nearly 1,800 jobs
25 May, 2017Eusebio Reynoso, director of the Heineken project in the municipality of Meoqui, Chihuahua, announced that the factory’s construction is a…
Cluster of Services for Special Economic Zones, under continuous expansion
25 May, 2017Gerardo Gutierrez Candiani, head of the Federal Authority for the Development of Special Economic Zones (AFDZEE), invited the Association of…
Diageo expands Jalisco distillery as part of a US$ 400 million investment
24 May, 2017British premium drinks producer Diageo broke ground for an expansion at its distillery located in the municipality of Atotonilco el…
Mexico, Canada officials demand for trilateral NAFTA renegotiation
24 May, 2017Mexican and Canadian officials met in Mexico City to made their stance clear that negotiations to update the North American…
Mexico, US automakers groups push to keep rules of origin intact
24 May, 2017Auto industry groups of the United States and Mexico agree that rules of origin, which demand that products must meet…
Mexico-made 2018 Tiguan to feature new turbocharged engine
24 May, 2017Volkswagen announced the Mexico-made all-new 2018 Tiguan is set to arrive in dealerships this summer powered by “the most advanced…
