Manufacturing News

Bajio, leader in Japanese investment
The Bajio region (Aguascalientes, Guanajuato, Queretaro and San Luis Potosi) has received FDI from Japanese companies adding up to a total of US$6.16 billion since 1999, from a total of US$13.41 billion received in Mexico. The Bajio States are some of the favorite among Japanese investors, as they h...
GM relies on Mexico to increase market share with redesigned Equinox SUV
General Motors will try to increase its SUV market share with the redesigned Chevrolet Equinox. For that end, the automaker will build the model in four plants worldwide, including two factories in Mexico, according to Bloomberg.  GM plans to build about 550,000 of the Equinox and its sibling, the...
VW to introduce a new compact crossover in U.S. by 2019; might be built in Mexico
Volkswagen will launch a new compact crossover in the United States in 2019, to fill a gap below the new Mexico-built Tiguan, after U.S. dealers gave a firm commitment they can sell enough of the vehicle to make it profitable, a source at the company told Automotive News. Whether the T-Roc will be...
ProMexico estimates investment worth US$14 billion in 2017
Mexico is expected to attract FDI investment valued at US$14.4 billion in 2017, said Paulo Carreño King, Director of ProMexico. He declared that this has been a complex year, with some economies shrinking down. However, ProMexico is maintaining last year's numbers. ProMexico's Director, who is part...
Morocco offers business opportunities for Queretaro
There are business opportunities awaiting for Queretaro entrepreneurs at the Tanger Med Zone (TMZ) in Morocco, highlighted Greetel Chable Garcia, Director of ProMexico Queretaro. Local companies may find investment participation in the automotive, aerospace and electronic industries, aimed towards i...