Samsung acquires Harman Industries for US$ 8 billion; three Mexican plants included
Samsung Electronics and Harman International Industries announced a definitive agreement under which the first will acquire the latter for US$…
NEO Tech expands capacity at manufacturing site in Tijuana
NEO Tech, a provider of manufacturing technology and supply chain solutions for brand name OEMs in the industrial, medical and…
Mars Incorporated builds a wind farm to power all of its plants in Mexico
Urging the business community and global leaders to take bold action for tackling climate change, Mars, Incorporated announced plans for a wind…
FedEx opens 270,000 square feet facility in Mexico
FedEx Express, a subsidiary of FedEx Corp. and the world’s largest transportation company, began operations at a new FedEx Logistics…
Boeing to cut 300 defense jobs, close facility in El Paso
The Defense, Space & Security business division of Boeing Co. plans to cut 300 jobs and to close its El…
Canadian auto supplier M.I. Integration to open second plant in San Luis Potosi
Canadian automotive supplier and mold maker M.I. Integration just finished its second facility in San Luis Potosi, Mexico. Now the…
CEO: Ford has no plans to change its investments in Mexico
Trump administration’s potential 35 percent tariff on vehicles imported from Mexico could have a “huge impact” on the U.S. economy,…
Toyota breaks ground for new Mexican plant
Toyota has held a groundbreaking ceremony in Apaseo el Grande for its new Toyota Motor Manufacturing de Guanajuato (TMMGT) facility….
Port of Veracruz announces expansion to support auto industry growth
Mexican authorities announced dramatic expansion of the Port of Veracruz in preparation for the trade increase expected from the country’s…
Brembo to supply brakes for Tesla from Mexican plant
14 November, 2016Tesla president and CEO, Daniel Sandberg, announced that Brembo is ready to supply brakes to plant located in California from…
Mazda to formulate responses to U.S. market “when concrete policies come out”
14 November, 2016Mazda Motor is not planning changes for now on its strategy for the North American market, which is centered on…
Ford vows to work with next president after criticism of Mexico investments
11 November, 2016 Second largest U.S. automaker Ford Motor Co., which faced harsh criticism from Donald Trump over its Mexican investments, congratulated him on…
GM to lay off 2,000 workers as it reduces small-car production
11 November, 2016General Motors Co. will permanently lay off around 2,000 hourly workers in January at two car plants to cut bloated inventory…
German automakers uneasy after Trump electedÂ
11 November, 2016Volkswagen’s chief executive and German auto industry association VDA have expressed concerns the election of Donald Trump as United States…
Constellation Brands shares fall on election aftermath
10 November, 2016Shares of Constellation Brands, parent company of Mexican import beers like Corona and Modelo, plummeted Wednesday after Donald Trump’s surprising…
KIA reaches new incentive agreement with Nuevo Leon authorities
10 November, 2016Even though the KIA facility in Pesqueria, Nuevo Leon is up and running, the Government of the State of Nuevo…
Here’s how auto sales went over the NAFTA region during October
8 November, 2016Auto sales in the U.S. market fell 5.8 percent in October, marking the first time since the beginning of the…
Mexican auto exports rose 4% in October; domestic sales increased 14.6%
8 November, 2016Mexican auto industry produced 328,490 units and exported 255,115 light vehicles in October. That’s a 0.5% increase for the first…
El Paso-based Mount Franklin Foods acquires candy making facility in SC
8 November, 2016Mount Franklin Foods, a leading North American manufacturer of high-quality candy and nut products, acquired its first candy making facility…
Toyota, Mazda looking for alliance to develop electric vehicles
8 November, 2016Toyota Motor Corp. and Mazda Motor Corp. are involved in talks to cooperate on electric vehicles and connected cars, Automotive News site reported…
