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Auto assembly in Mexico plummeted by 20% in November
MEXICO – During November 2021, 248,960 light cars were assembled in Mexico, representing a 20.2% decrease compared to the level…
Mexico’s aerospace industry grows by 8%
MEXICO – The Mexican Federation of the Aerospace Industry (FEMIA) forecasts that 2021 will close with exports of around US$8…
Guanajuato attracts aerospace suppliers
GUANAJUATO – Following the visit of Recaro, a manufacturer of seats for the air and ground transportation industries, the German…
Draxton expands its production plant in SLP
SLP – The transnational company Draxton, confirms its confidence in San Luis Potosi by initiating the expansion of its production…
Kurabe invests US$35 million in Aguascalientes
AGUASCALIENTES – The Japanese company Kurabe will invest US$35 million in Aguascalientes for the installation of its first production plant…
Kuo invests US$US$91.3 million in Yucatan
YUCATAN – Mexican company Grupo Kuo, through its subsidiary Kekén, started up its pork processing plant in Sahe, Yucatan, which…
Bosch invests US$78.8 million in Aguascalientes
AGUASCALIENTES – The multinational engineering and technology company Bosch has decided to expand its presence in Aguascalientes with the construction…
Mexico’s GDP falls by 0.4% in third quarter
MEXICO – After four consecutive quarters of recovery, Mexico’s Gross Domestic Product (GDP) decreased by 0.4% during the third quarter…
Mexstamp invests US$1.6 million in Aguascalientes
AGUASCALIENTES – With an investment of US$1.6 million, Mexstamp inaugurated its new facilities in the Chichimeco Industrial Park in Aguascalientes….
General Motors would no longer invest in Mexico
MEXICO – If Mexico does not have renewable energies and a legal framework focused on sustainability, it will cease to…
AMLO and Biden to create border security working group
MEXICO – U.S. President Joe Biden and Mexican President Andres Manuel Lopez Obrador agreed to create a working group on…
Volaris acquires 39 Airbus aircraft
MEXICO – Volaris signed with Airbus the purchase of 39 A321neo aircraft, which will allow the airline to consolidate its…
Mexico, the world’s third largest recipient of remittances
MEXICO – Mexico is poised to become the third largest recipient of remittances in the world this year, receiving US$52.74…
Mexico goes for Mars mission with NASA
MEXICO – Luis Enrique Velasco Velazquez, a Mexican engineer who has been working at NASA for 17 years, is getting…
Bolivia to produce electric model in Mexico
MEXICO – According to Jose Crespo Fernandez, Bolivia’s ambassador to Mexico, next year Industrias Quantum Motors will produce its E-2…
