Manufacturing News

US auto sales fall 7% in July; SUVs and pickups still on strong demand
Sales of new cars and trucks in the U.S. market dropped 7% to 1.4 million units in July. It was the seventh straight month of sales decline and the biggest fall in this year, according to figures by Autodata Corp. Sales of Detroit automakers fell more than expected. When compared to the same month ...
Grupo Bimbo sees global sales jump 11% in first half of 2017
Mexican bakery company Grupo Bimbo saw its sales climb more than 11% to US$ 7.39 billion in the first half of 2017, but reported a 6.4% fall in operating income and a 23.9% drop in net majority income. The company's net sales in Mexico rose 11.7%, with higher volumes in "most categories and channel...
Mexican exports set new record high in first half of 2017
Mexico exported a record high of US$ 198 billion during the first half of the year, a 10.4% year-on-year increase as the start of NAFTA renegotiations looms in mid-August. According to figures by the National Institute of Statistics and Geography (INEGI), Mexican exports were boosted by strong grow...
SLP, without labor concerns after Ford's cancellation
San Luis Potosi is not worried about the nearly 2,500 jobs that were not generated after the cancellation of the Ford plant in the State. The State has recently announced that the negotiations with Ford after the plant's cancellation, valued at US$65 million, have finished. This way, the government ...
BMW supplier Waldaschaff Automotive builds US$ 20 million plant in Guanajuato
German auto supplier Waldaschaff Automotive, which specializes in metal components and systems announced it will invest US$ 20 million to establish operations in Leon, Guanajuato, creating 250 direct jobs in a seven-year period. It will be the first facility to start production at the Vynmsa indust...