Chinese automaker BAIC opens its first assembly line in Mexico
Beijing Automotive Industry (BAIC) inaugurated the first Chinese car plant in Mexico to assemble its own-branded vehicles as it looks…
Magna International net income increases 19% during first quarter
Magna International Inc., a Canadian auto supplier with 31 operations and more than 24,000 employees in Mexico, reported a 19%…
Bosch ended 2016 with 32,800 employees, US$ 450 million investments in NAFTA region
Investments of Bosch in the NAFTA region totaled US$ 450 million in 2016. Projects in Michigan, South Carolina, San Luis…
InterGen puts on sale its power generation assets in Mexico
InterGen announced today its decision to advance the sale of its business interests in Mexico. A formal sales process will…
Nucor-JFE Steel, #1,000 Japanese company to arrive in Mexico
Japanese company Nucor-JFE Steel received a recognition for being the #1,000 Japanese firm to establish operations in Mexico. With investment…
German investment continues in Mexico
The German ambassador in Mexico, Viktor Elbling, revealed that this European country is committed to continue investing in Mexico and…
Partners revive the TPP without the U.S.
With active participation from Japan, ministries from the 11 nations that are part of the Transpacific Partnership Deal (TPP), agree…
Queretaro, among the 10 States with the most companies in IMMEX
Marco Antonio Del Prete Tercero, Secretary of Sustainable Development, indicated that Queretaro is among the top 10 States in Mexico…
6,000 openings in Tijuana maquiladoras
Tijuana maquiladoras have about 6,000 vacancies, according to the association of the Maquiladora Industry Index. 22,000 new jobs were created…
Baja California, first manufacturer in the world
23 May, 2017Salvador Maese Barraza, President of INDEX Mexicali, estimates that Baja California, considering its proximity to California, could become the first…
France-based Veolia to build in Mexico first Latin-American waste to energy plant
23 May, 2017French environmental solutions provider Veolia, through its subsidiary Proactiva Medio Ambiente Mexico S.A. de C.V., has won the public call…
Mexico’s GDP grows 0.7% during first quarter, revised data shows
22 May, 2017Mexico’s economy grew more than previously thought in the first quarter of 2017, according to official revised data. Gross domestic…
Valero Energy to compete against Pemex in fuel distribution market
22 May, 2017U.S.-based oil refiner Valero Energy plans to enter the fuel distribution business in Mexico with three storage and distribution facilities…
Thermoplastic resins supplier M. Holland opens facility in State of Mexico
22 May, 2017M. Holland Company, a distributor of thermoplastic resins, announced the opening of a new break-bulk terminal in Tultitlán, Mexico, near…
New Ford CEO defends cancellation of Mexican plant
22 May, 2017Ford’s new CEO Jim Hackett said at a press conference he had nothing to do with the decision to cancel…
Ford’s CEO is replaced by head of smart mobility division
22 May, 2017Ford Motor Company today announced the retirement of CEO Mark Fields, who spent less than 3 years in the position…
Valeo outpaces global auto production by investing on fuel-saving, self-driving tech
22 May, 2017France-based automotive supplier Valeo announced its sales increased 22% to outpace global vehicle production in all regions, keeping untouched its…
Lear chooses Zacatecas to open its 45th plant in Mexico
20 May, 2017Lear Corporation opened in 45th plant in Mexico, which required a US$ 21 million investment. The facility is located in…
VW Puebla plant tools up for production of the all-new 2018 Jetta
19 May, 2017After seven years manufacturing the Jetta A6 at its Puebla facility, Volkswagen prepares to cease production of the current model…
Coca-Cola FEMSA cancels U.S. purchases
19 May, 2017FEMSA revealed its decision not to continue with the purchase of certain U.S. operations in the Bottling Investments Group by…
