BMW Mexican facility, on schedule to start operations in 2019
BMW’s Mexican facility, under construction in the central state of San Luis Potosi, reports a 60% completion in its main…
BAIC assembling cars in Veracruz
Chinese corporation BAIC started assembling vehicles in Mexico, in order to skip customs duties for vehicle import, explained Patrick Yang,…
Japan-based Midori Auto Leather builds its second facility in San Luis Potosi
Japan-based Midori Auto Leather broke ground in recent days to build its second production facility in San Luis Potosi. The…
Prysmian Group invests US$ 15 million to manufacture optic cable in Durango
Prysmian Group, an Italy-based cable manufacturer, invested US$ 15 million to produce optic fiber cable in a facility located in…
AB InBev’s subsidiary Grupo Modelo opens US$ 450 million brewery in Yucatan
Grupo Modelo, a subsidiary of Belgium-based AB InBev, opened today its eighth brewery in Mexico, after just 12 months of…
Cooper Standard’s net income up 33% during first quarter
Michigan-based Cooper Standard reported a strong net income of US$ 41.7 million, or US$ 2.20 per diluted share, during the…
Mexican auto exports rise 16% in April
Mexican auto production increased 3.2% to 278,173 vehicles in April, Mexican Auto Industry Association (AMIA) announced today. Exports hiked 16.1%…
Dana Inc. reports strong first quarter with sales of US$ 1.7 billion
Ohio-based axle and powertrain manufacturer Dana Inc.’s reported a strong first quarter with sales of US$ 1.70 billion, a 17%…
American Axle achieves record sales during first quarter
American Axle and Manufacturing Holdings Inc. (AAM) reported a record first quarter driven by sales volume, a strong product mix…
Koyo Joint starts steering shafts production in San Luis Potosi
7 May, 2017Japan-based Koyo Machine Industries opened its new facility in San Luis Potosi where the company invested US$ 8 million to…
Certus Automotive opens US$ 22 million plant in Queretaro
7 May, 2017Certus Automotive opened in recent days its first production facility in Queretaro to manufacture chrome plated plastic components for automotive…
GE Oil & Gas opens manufacturing plant in Guadalupe, Nuevo Leon
7 May, 2017U.S.-based manufacturer General Electric (GE) opened in recent days a new production facility in Guadalupe, Nuevo Leon, to manufacture components…
Two new industrial parks launch operations in Guanajuato
7 May, 2017Last week two industrial parks opened doors in the municipality of Apaseo el Grande, Guanajuato, where Toyota builds its manufacturing…
Air Canada, increasing connectivity for Mexican products
5 May, 2017After more than nine months offering cargo trips to connect Toronto to Mexico City, Air Canada is now planning to…
UPS sees opportunities in the air cargo sector in Mexico
5 May, 2017UPS highlights growth opportunities in Mexico, especially thanks to the Agreement on Air Transport between Mexico and US, which UPS…
ABB and IBM signed a technological agreement association
5 May, 2017ABB—a Switzerland-based firm of technology solutions for the industry— has signed a collaboration agreement with IBM —a North American technology…
Turck upholds expansion in South Eastern Coahuila
5 May, 2017In the face of the evolution of the statements by US President Donald Trump regarding the commercial relation with Mexico…
Akbal Motors ready to see the light
5 May, 2017After seven years working out the idea, the Guanajuato-based project Akbal Motors is expecting to finish a prototype for an…
Foreign Commerce Chambers might collaborate to boost investment in Mexico
5 May, 2017Foreign chambers of commerce are joining the agenda of the Mexican private initiative, presided by the Coordinating Entrepreneurial Council (CCE)…
GACM guarantees continuity in the construction of the New Airport
5 May, 2017Grupo Aeroportuario Ciudad de Mexico has its project funding guaranteed until the year 2019, and by the end of that…