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Guillermo Diaz is the new president of Toyota Motor Sales.
MEXICO – Guillermo Diaz will become president of Toyota Motor Sales and Lexus de Mexico, replacing Tom Sullivan, in order…
Franchises to invest US$1.7 million in Puebla
PUEBLA – By May 2022, the franchise sector will reactivate US$1.7 million in investments, by having better conditions in terms…
Bosch Mexico announces expansion in Queretaro plant
QUERETARO – Bosch Mexico will expand the capacity of its Queretaro plant, dedicated to the manufacture of automotive technology. The…
Hisun Motors to invest US$152 million in Coahuila
COAHUILA – The automotive company Hisun Motors announced its arrival in the southeast region of Coahuila, where it will invest…
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…
