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Aerospace industry to grow 7.5% by the end of 2021: FEMIA

MEXICO – In view of the reactivation that aviation has shown in the face of the coronavirus pandemic, by the…

Volkswagen de México and SITIAVW reach wage agreement

PUEBLA – Given the uncertain outlook for the domestic automotive industry, Volkswagen de MĂ©xico and the Independent Union of Volkswagen…

FEMIA forecasts recovery by 2024

MEXICO – The Mexican aerospace industry will achieve full recovery from the effects of the COVID-19 pandemic and the landing…

Volkswagen to increase productivity at its plants in Mexico

MEXICO – By 2025, the German automaker Volkswagen plans to increase productivity by 30% in the manufacture of electric vehicles…

FYMSA to invest US$4 million in Torreon

TORREON – The Governor of Coahuila, Miguel Angel Riquelme, announced the expansion of FYMSA in the Laguna region, with an…

Puebla attracts US$31.2 million in economic revenues

PUEBLA – Despite the COVID-19 pandemic, the state Ministry of Tourism reported that in June alone there was a US$31.2…

Mexico’s industrial production fell by 0.53% in June

MEXICO – Industrial production in Mexico fell by 0.53% at a monthly rate during June 2021, making it its third…

Adient announces US$24 million investment in the State of Mexico

STATE OF MEXICO – The Governor of the State of Mexico, Alfredo Del Mazo, held a meeting where he presented…

Mexico’s economy expected to grow by 6% in 2021

MEXICO – The Ministry of Finance and Public Credit (SHCP) forecasts that this year the Mexican economy will show a…

FIBRA Prologis acquires industrial space for US$15.7 million in Monterrey

MONTERREY – FIBRA Prologis, one of the leading real estate investment trusts for investment and management of Class A logistics…

KAVAK starts operations in Brazil with US$480 million investment

BRASIL – Kavak, the first Mexican startup to reach a value of US$1 billion, announced that it has closed its…

X-Elio to build a 199 MW photovoltaic plant in Mexico

VERACRUZ – X-Elio, a renewable energy group, has closed a US$44.1 million deal with International Finance Corporation (IFC), a member…

Phillips Industries invests US$20 million in Coahuila

ARTEAGA – The automotive supplier Phillips Industries announced a new expansion project at its plant located in Arteaga, Coahuila, with…

GIS invests US$30 million in San Luis PotosĂ­

SAN LUIS POTOSI – GIS announces a US$30 million investment for the capacity expansion of its auto parts foundry at…

Viva Aerobus records US$8 million in net income

MEXICO – In the first half of the year, Viva Aerobus generated a net profit of US$8 million, according to…

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