Guanajuato, home to five Tesla supplier companies
GUANAJUATO – Tesla is one of the leading brands in electrification. Currently it has been announced that it plans to…
Naturgy plans to invest US$16 million in Coahuila
COAHUILA – Grupo Naturgy plans to invest US$16 million in the southeast region of Coahuila, as part of its national…
Nuevo Leon attracted US$4.3 billion in foreign investments in 2022
NUEVO LEON – During 2022, Nuevo Leon registered US$4.3 billion in Foreign Direct Investment (FDI), which represents an increase of…
Sales of heavy vehicles grew by 26% in January
MEXICO – Retail sales of heavy vehicles in Mexico increased in January 2023, where automotive companies achieved the highest sales…
Beer company interested in investing in SLP
SAN LUIS POTOSI – Juan Carlos Valladares Eichelmann, head of the Secretariat of Economic Development (SEDECO), said that the agency…
Mexico expands its advantage as an automotive supplier to the U.S.
MEXICO – Since 2012, the share of Mexico’s manufactured product has increased almost uninterruptedly and the outlook is favorable due…
Nearshoring boosts foreign direct investment attraction
MEXICO – The Ministry of Economy announced that, during 2022, foreign direct investment was of US$35 billion, 12% more than…
Mexico’s gross fixed investment grew by 6.6% year-on-year in November
MEXICO – Mexico’s gross fixed investment grew by 6.6% year-on-year last November, driven in particular by the machinery and equipment…
Nearshoring, an opportunity for LATAM in 2023: Meor
MEXICO – According to the Inter-American Development Bank (IDB), medium-term nearshoring opportunities for LATAM will reach US$78 billion in new…
American Industries to invest US$150 million in Chihuahua
9 February, 2023JUAREZ, CHIH – American Industries announced that it will invest US$150 million in 2023 to add 140 new hectares to…
Guanajuato ranks fourth in auto parts manufacturing
9 February, 2023GUANAJUATO – According to data from the Automotive Cluster, the state of Guanajuato ranks fourth in auto parts manufacturing, after…
Jalisco was the largest generator of employment in the country during January
8 February, 2023JALISCO – During January, Jalisco generated 18,294 new jobs, making it the largest generator of jobs in the country, according…
Microsoft prepares data centers region in Queretaro
8 February, 2023QUERETARO – Microsoft is preparing the installation of its new data center region, the first Spanish-speaking data center in Mexico…
Government of Sonora will allocate US$10 million for industrial park expansion
8 February, 2023CIUDAD OBREGON, SON – Given its weight in industrial activities and the need to compete for nearshoring, the government of…
Unilever announces investment of US$400 million in Nuevo Leon
8 February, 2023NUEVO LEON – Unilever announced that it will invest US$400 million over the next three years to build a new…
Sales, production and exports of vehicles increase in Mexico
7 February, 2023MEXICO – The automotive industry started 2023 on the right foot, with an annual increase in sales in the domestic…
Nissan to produce a new model for Renault in Mexico
7 February, 2023MEXICO – Nissan will produce a new model for the Renault Group in Mexico, which will be the first Renault…
China’s Automotive Industry: 2022 Review and 2023 Outlook
7 February, 2023GlobalAutoIndustry.com’s latest Audio Interview “China’s Automotive Industry: 2022 Review and 2023 Outlook” features Bill Russo. Mr. Russo is the Shanghai-based…
Navistar invests US$120 million to expand its operations in NL
7 February, 2023ESCOBEDO, NL – Navistar will invest US$120 million over the next three years to expand the cab painting area at…
NL presents its road plan and Port Colombia modernization project to Texas
7 February, 2023NUEVO LEON – Officials from the government of Nuevo Leon, Mexico held a meeting with Texas authorities to present its…
