Mexico

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…

Public policy is required to promote the production of SAF in Mexico

MEXICO – According to Javier Villazón Salem, general director of Aeropuertos y Servicios Auxiliares (ASA), although Mexico has signed international…

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