Mexico

Electric and Chinese cars detonate auto parts made in Mexico

MEXICO – The automotive sector is experiencing a golden age that, according to various projections, will continue at least until…

Mexico has the highest minimum wage increase

MEXICO – The Organization for Economic Co-operation and Development (OECD) highlighted the increase in nominal minimum wages in Mexico between…

Gross fixed investment in Mexico recorded 18.1% year-over-year growth in April

MEXICO – Gross fixed investment in Mexico grew by 18.1% year-on-year last April, driven in particular by the machinery sector,…

Mexico and Brazil agree on greater collaboration in space matters: AEM

MEXICO – The Mexican Space Agency (AEM) informed that it will strengthen Mexico-Brazil space collaboration through an agenda that will…

Mexico and South Korea join efforts to boost aerospace industry

MEXICO – In order to strengthen bilateral cooperation schemes in education and economic development with a focus on the aerospace…

Yuichi Murata appointed new president of Honda de Mexico

MEXICO – As of April 1, 2024, Yuichi Murata, who has been with Honda for more than 18 years, assumed…

Mexico and the U.S. agree on strategies to boost semiconductor industry

MEXICO – The U.S. Embassy in Mexico pointed out that under the USMCA and the High Level Economic Dialogue, both…

AI chips will now be manufactured in Mexico

MEXICO – US tech giants are betting on Mexico as the next hub for artificial intelligence (AI) chip manufacturing. According…

Mexico’s aerospace industry recovers

MEXICO – Estimates by the Mexican Federation of the Aerospace Industry (Femia) show that in 2023, it will have totaled…

Solarever to install its first electric car assembly plant in Mexico

DURANGO – The Chinese group Solarever announced the installation of its first electric vehicle assembly plant in Mexico, which will…

Mexico to begin exporting gas to Europe from Altamira in February

MEXICO – President Andrés Manuel López Obrador announced that Mexico will begin exporting natural gas to Europe in mid-February 2024….

Nissan closes 2023 as sales leader in Mexico

MEXICO – Nissan Mexicana consolidated its position as leader in the Mexican automotive market at the end of 2023, standing…

Mexico joins the COLMENA mission with the U.S.

MEXICO – The United States, historically a leader in the space race to the moon, is now resuming exploration to…

Mexico dominates casket exports to the United States

MEXICO – Mexico leads exports of wooden caskets to the United States, a market that is also the world’s largest…

Mexico can capture US$50 billion from nearshoring

MEXICO – The National Council of the Maquiladora and Manufacturing Export Industry (Index) estimates that Mexico will receive investments of…

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