AEM signs agreement with Sedena to participate in Famex
MEXICO – The Mexican Space Agency (AEM) signed an agreement with the Ministry of National Defense (Sedena), through its Organizing…
Kia Rio was the best-selling car in 2022
MEXICO – Kia’s Rio subcompact, in its two versions, became the best-selling vehicle in Mexico with 50,958 units at the…
Identifying and Qualifying Suppliers in Mexico: What Has Changed
GlobalAutoIndustry.com’s latest Audio Interview “Identifying and Qualifying Suppliers in Mexico: What Has Changed” features Mark Plum and Bernd Schmitt. Mr….
Burger King to invest US$15 million in Mexico
MEXICO – The fast food chain Burger King will invest more than US$15 million to renovate and open restaurants in…
Mexico, U.S. and Canada agree to promote electromobility
MEXICO – Mexico, the United States and Canada will seek to create stronger regional supply chains and promote targeted investment…
Finsa records 99% occupancy rate in 2022 thanks to nearshoring
MEXICO – The nearshoring during 2022, as well as the high demand for industrial space in Mexico, left positive results…
Gross fixed investment grew in October
MEXICO – Mexico’s gross fixed investment grew by 6.2% year-on-year last October, driven by the rise in the machinery and…
Mexico and Canada win automotive panel over the U.S.
MEXICO – Mexico and Canada won a dispute settlement panel against the United States over rules of origin in the…
Wholesale tractor-trailer sales exceed pre-pandemic levels
MEXICO – Wholesale tractor-trailer sales exceeded pre-pandemic levels in Mexico after two years, revealed data from the Administrative Registry of…
Gross Fixed Investment had its fifth month of growth in 2022
10 January, 2023MEXICO – Gross Fixed Investment (GFI) grew for the fifth month in 2022 by registering a positive variation of 1.4%…
Guanajuato attracted US$2.3 billion in investments during 2022
10 January, 2023GUANAJUTO – With a capital of US$2.3 billion and the commitment to generate more than 8,300 jobs, the state of…
World Bank cuts its expectation for Mexico’s GDP to 0.9%
10 January, 2023MEXICO – In an international context of slow growth, such as that anticipated by the World Bank for this year,…
Mexico urges business sector to substitute imports from Asia to North America
10 January, 2023MEXICO – Mexico urged the business sector to substitute imports from Asia to Mexico, the United States and Canada during…
INA forecasts auto parts industry growth
10 January, 2023MEXICO – The National Auto Parts Industry (INA) announced that it expects an increase in the production and exports of…
Queretaro increased its exports of electronic devices
9 January, 2023QUERETARO – Exports for the manufacture of accessories, electrical appliances and electrical power generation equipment reached a value of US$2.2…
Inflation closed 2022 at 7.82%
9 January, 2023MEXICO – Consumer inflation closed 2022 at its highest level reported for a year-end in more than 20 years, according…
Inflation in Mexico has already reached its peak: Banxico
6 January, 2023MEXICO – Inflation in Mexico already peaked in the third quarter of 2022, so it will have a clearer reduction…
Jalisco, national leader in job creation
6 January, 2023JALICOS – With the generation of 82,963 jobs during 2022, Jalisco became the national leader in job creation and even…
Noah Itech invests US$100 million in its first factory in Mexico
6 January, 2023NUEVO LEON – The company Noah Itech, a supplier of the assembler Tesla, will invest US$100 million in the construction…
Air cargo grows by 1.8% in 2022
5 January, 2023MEXICO – Air cargo movement in Mexico from January to November of last year was of 1,048,807.2 tons, which meant…
