Featured
Car sales fall by 3.7% in January
MEXICO – In January, the generalized increase in prices and economic uncertainty caused new car sales in Mexico to start…
Mexico’s economy could enter into technical recession
MEXICO – The Mexican economy registered the second post-pandemic fall in the fourth quarter of the 2021, by completing a…
Mexico City negotiates US$575 million aerospace investment
BAJA CALIFORNIA – Baja California’s minister of Economic Development, Fadlala Akabani Hneide, revealed that there are three companies interested in…
Cementos de Chihuahua to invest US$500 million
CHIHUAHUA – Enrique Escalante, CEO of Cementos de Chihuahua, announced that there are important projects for GCC, including the expansion…
Link EV Electric Vehicles to invest US$265 million in Puebla
PUEBLA – The Chinese electric truck and bus manufacturer Link EV Electric Vehicles has decided to settle in Ciudad Modelo,…
Automotive industry rejects electricity reform
MEXICO – The companies affiliated to the Mexican Automotive Industry Association (AMIA) warned legislators that the electricity reform proposed by…
Regularization of chocolate cars begins in 10 states
MEXICO – The minister of Security and Citizen Protection, Rosa Icela Rodriguez, assured that there are approximately 2.2 million irregular…
Pemex closes the purchase of the Deer Park refinery
TEXAS – Petroleos Mexicanos (Pemex) took over the operation of the Deer Park refinery in Texas, after concluding the purchase…
Fibra Mty made four new acquisitions for US$139 million
MONTERREY – Fibra Mty announced that it concluded its 2021 acquisition plan, during said period it purchased four projects for…
Government of Queretaro will support automotive growth
QUERETARO – Mauricio Kuri, Governor of the State of Queretaro, met with members of the Queretaro Automotive Cluster, where he…
INA appoints its new president
MEXICO – The Board of Directors of the National Auto Parts Industry (INA) announced the appointment of Francisco N. Gonzalez…
BCS Automotive Interface Solutions invests US$59 million in Queretaro
QUERETARO – BCS Automotive Interface Solutions, a company that generates control systems for the interior of vehicles, will install a…
Parrot invests US$9.5 million to expand in Mexico
MEXICO – Mexican startup Parrot, dedicated to providing technology to restaurants, raised a Series A round of financing for US$9.5…
Constellation Brands to build plant in Veracruz
VERACRUZ – The beer company Constellation Brands will invest around US$5 and US$5.5 million in Mexico by 2026, mainly for…
Canada and Mexico tie as U.S. trading partners
MEXICO – Canada and Mexico tied as trading partners of the United States from January to November 2021, with a…