Insights from the Global Value Chain Barometer for Global Manufacturers
GlobalAutoIndustry.com’s latest Audio Interview “Insights from the Global Value Chain Barometer for Global Manufacturers” hosted by Ron Hesse features Mirko…
Frisa will invest US$200 million to expand plants
NUEVO LEON – The Monterrey-based company Frisa will invest US$200 million to increase the capacity of its plants located in…
OMA concentrates investment in Monterrey airport
MONTERREY, NL – The expansion of Monterrey International Airport concentrates more than half of the five-year investment plan of Grupo…
Imports of heavy vehicles grew by 119.9% in July
MEXICO – The National Association of Bus, Truck and Tractor-Trailer Manufacturers (Anpact) announced that in July, imports of heavy vehicles…
Lexus celebrates the launch of the new LC 500 in Mexico
MONTERREY, NL – The youngest luxury car brand in the world, Lexus, from Japan’s Toyota, is conquering Mexico, since only…
Viva Aerobus announces operation of five routes at Tulum Airport
TULUM – Viva Aerobus announced that, starting next December, it will operate five routes from the new Felipe Carrillo Puerto…
Grupo Modelo invests US$300 million in a plant in Guanajuato
GUANAJUATO – With an investment of US$300 million, Grupo Modelo and Millfoods announced the construction of a corn plant for…
More Mexicans prefer used cars
MEXICO – Pre-owned cars became even more popular among consumers in Mexico. The average number of pre-owned car registrations among…
Mexico’s auto parts sector could grow by 5.8% this year
MEXICO – This year, the growth of the auto parts sector’s Gross Domestic Product (GDP) could be more than double…
Xignux to invest US$250 million in its production capacity
24 August, 2023MONTERREY, NL – Juan Ignacio Garza Herrera, CEO of Xignux, a company from Monterrey that participates in the energy and…
HORSEPOWER #24
24 August, 2023DHL Supply to open two logistics centers
24 August, 2023STATE OF MEXICO – DHL Supply Chain Mexico plans to open two distribution centers in the country in the coming…
AICM leads the ranking of the most important airports in Latin America
24 August, 2023MEXICO CITY – Mexico City International Airport (AICM) was ranked first in the list of the top 10 airports in…
Indian lunar probe Chandrayaan-3 successfully landed on the moon
24 August, 2023INDIA – The Indian Space Research Organization (ISRO) confirmed that its Chandrayaan-3 lunar probe successfully landed near the Moon’s South…
LĂłpez Obrador defends lease of 10 airplanes for Mexicana de AviaciĂłn
23 August, 2023MEXICO CITY – President AndrĂ©s Manuel LĂłpez Obrador defended the leasing of the 10 airplanes of the new Mexicana de…
Volkswagen de MĂ©xico agrees salary increase
23 August, 2023PUEBLA – Volkswagen de MĂ©xico and the Independent Workers Union of the Volkswagen Automotive Industry (SITIAVW) reached an agreement on…
Foreign Direct Tourism Investment in Mexico reaches US$1.4 billion
23 August, 2023MEXICO – During the first semester of 2023, Foreign Direct Investment in Tourism (FDIT) in Mexico registered US$1.4 billion, equivalent…
Northrop Grumman to build data transmission satellites
23 August, 2023UNITED STATES – Northrop Grumman, an aerospace and defense technology developer, was selected by the Space Development Agency (SDA) to…
Vishay invests US$45 million in semiconductor plant in Durango
23 August, 2023DURANGO – With an investment of US$45 million, the Vishay semiconductor plant opens in GĂłmez Palacio, Durango, generating 500 jobs…
AICM ranks fourth among the most punctual airports globally
22 August, 2023MEXICO CITY – Mexico City International Airport (AICM) achieved, for the second time in the last year, the fourth position…