Automotive News

More Japanese investment will arrive to Mexico
Japanese investment in Mexico, particularly in the Bajio area, will keep up throughout 2016 and 2017 at the same rate as last year, when 143 Japanese companies arrived in the State. Tadashi Minemura, General Director of Japan External Trade Organization (JETRO) in Mexico, shared that 957 Japanese e...
Fagor Ederlan will build a factory in San Luis Potosi
Fagor Ederlan, the Spanish leading supplier of complete solutions for the automotive sector, will kick start two new industrial buildings for low-pressure aluminum, one of them located in San Luis Potosi, Mexico, and the other in Bergara, Gipuzkoa, in the Basque Country, in Spain. US$97 million wil...
Cooper Standard inaugurates plant in Ciudad Juarez
Cooper Standard's Automotive Seals Plant in Ciudad Juarez (Planta Sellos de Juarez), was inaugurated recently with an investment of US$30 million and 750 new direct jobs created. The new factory, located at Parque Industrial Juarez, manufactures systems and components for the automotive industry, su...
Aguascalientes hosts new Vitechmex Nonwovers headquarters
As part of the growing investment form the Japanese Vilene Company, Vitechmex Nonwovers laid the first stone for a new factory in Aguascalientes. This factory will produce automotive fabrics and upholstery. This new project is expected to create 150 new formal jobs in the two expansion stages of Vi...
Agreement for vehicle exports to Argentina was announced
The Mexican Ministry of Economy (SE) presented an agreement to establish the procedure and criteria to assign quotas to export to Argentina new light vehicles, with the purpose of encouraging and promoting competition in the automotive sector. The SE states that, this undertaking is set up accordin...