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Indiana grants US$ 7 million tax break to Carrier
Indiana agreed to give United Technologies $7 million in financial incentives over a decade to persuade the industrial giant to…
Inventec to increase server production in Juarez facility
Taiwan-based original design manufacturer Inventec is planning to expand its server production in Mexico as well as the Czech Republic….
Honda to stick with North American production plans, for now
Honda Motor Co will stick with its North American production plans as it waits to see if U.S. President-elect Donald…
New Ford’s Mexican plant, still in the works
Ford still plans to spend US$ 1.6 billion building a new factory in Mexico, after all the turmoil created because…
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….
Mazda to formulate responses to U.S. market “when concrete policies come out”
Mazda 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
Second largest U.S. automaker Ford Motor Co., which faced harsh criticism from Donald Trump over its Mexican investments, congratulated him on…
Constellation Brands shares fall on election aftermath
Shares of Constellation Brands, parent company of Mexican import beers like Corona and Modelo, plummeted Wednesday after Donald Trump’s surprising…
GM quietly invests US$ 800 million in Mexico to avoid political turmoil
After presidential candidate Donald Trump bashed Ford Motor Co. for announcing a US$ 1.6 billion investment in Mexico to make small cars,…
Mexican peso rebounds after U.S. presidential debate
After the first presidential debate, the Mexican peso rebounded from a record low in a sign investors perceive Hillary Clinton…
On Mexico Issue 71
Luis Videgaray: “At the end of this government Mexico has the opportunity to structurally elevate its growth rate, which should…
China authorizes Nexperia to resume chip exports
The Chinese government has authorized semiconductor supplier Nexperia to resume exports of some of its chips after the shortage caused…
USMCA Reduces Tariffs on Medium and Heavy Vehicles from Mexico
The administration of President Donald J. Trump formally issued the declaration imposing 25% tariffs on imports of medium and heavy-duty…
General Motors Expands Production Capacity in the US
General Motors (GM) will invest $4 billion over the next two years in some of its manufacturing plants located in…